<a s primary objectives for the industry.
Regarding policies impacting trade and commerce, he noted that key priorities include further reductions to advance tax payments, reforms to the presumptive taxation system, and the eventual elimination of the business levy. He also indicated that additional, as-yet-unannounced measures could be introduced if the state finds itself with greater fiscal flexibility.
Addressing the reduction of advance tax payments, he acknowledged the significant fiscal impact of such a move, noting that a 5% cut equates to roughly €400 million in the first year. “We would have liked it to be a more extended and quicker measure,” he said, stressing that the aim was to reduce the advance tax payment further year after year.
Originally reported by www.ekathimerini.com. This article has been independently rewritten for republication.
