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Greece looks for new sources of revenue

April 24, 2015

Greece's government is looking to squeeze out more cash wherever it can.

https://p.dw.com/p/1FEPw

That's why Athens has introduced a new law to crack down on corporate tax avoidance. The legislation introduces a 26 percent withholding tax on business transactions with Bulgaria, Cyprus and Ireland...countries with lower corporate tax rates. But that's sparked a storm of controversy - and businesses are already feeling the pinch.