Greek PM has met creditors again, ahead of another crunch eurogroup meeting at 12.30pm BST and then the EU leaders summit tonight.Latest: Creditors proposal leaksNo deal at this morning’s meetingCreditors give Greece a deadlineIntroduction: Crucial meetings today 12.16pm BST Creditors are also refusing to accept the Greek plan of raising the corporation tax rate from 26% to 29%. In their latest proposal, it would rise to 28%.They are also keeping a firm red line through Athens plan for a one-off 12% tax on all corporate profits over €500,000. But the plan keeps Mr Tsipras’s plan to raise luxury tax on yachts from 10% per cent to 13%. 12.13pm BST Now this is interesting too.... Greece’s creditors are offering that these VAT hikes could be “reviewed at the end of 2016”, if Athens has proved that it has raised more revenue through fighting tax evasion and VAT collection. Continue reading...
 |
| READ THE ORIGINAL POST AT www.theguardian.com |