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Finance Minister: No More Tax Extensions, Pay or Be Heavily Fined

taxis taxesThere are an estimated 1.9 million tax payers in Greece that will have to pay additional tax this year, aside from the amount that has already been withheld from their salaries or pensions, which brings the total bill to an average of 1,336 euros a month.
The additional tax payments will be made by installments, the first to be completed by the end of July. Following a second and third tranche of income tax due at the end of September and the end of November.
Recent figures released by the General Secretariat for Public Revenues showed that as of Monday, 5.3 million online declarations had been submitted to the Taxisnet platform. The deadline for submissions is this Friday.
In other words, there are still 800,000 taxpayers who have yet to submit their taxes, which puts the processing levels at an average of 200,000 submissions a day, a rate which is too high for the platform to handle.
People may be holding out hoping that the government will offer a second extension to the original June 30 deadline from the first extension of the July 15 deadline, but that looks unlikely at this point.
Alternate Finance Minister Tryfon Alexiadis stated that there will not be anymore extensions and that if people do not pay, they risk being fined, according to ekathimerini.com.

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