Concerns Raised by the Fiscal Council on Tax Reform Changes
August 22, 2025
The Fiscal Council expresses concerns about the proposed changes to the tax reform by Parliament, suggesting that these changes are made without sufficient data and impact assessments. Chairman Michalis Persianis emphasizes the need for detailed analysis before modifications, as the impacts remain unclear. While the proposed bills are moving in the right direction, they lack ambitious proposals that could influence consumption and investments. He recommends providing tax incentives to promote public goals like green transition and innovation. Tax policies should also consider the appropriate treatment of pension investments.