In the effort to combat tax evasion, the Ministry of Finance is preparing a new draft for a bill that will enforce the role of tax services, by giving them greater power. The bill draft will soon be finalized to be submitted in Parliament. As tovima reported, this bill provides tax officials, auditors and prosecutors [...]
Tag Archives | Tax Evasion
Court Says No SDOE Bank Access
Greece’s highest administrative court, the Council of State, in a preliminary finding, has ruled unconstitutional a proposal by the country’s financial crimes squad, SDOE, to freeze bank accounts, stock holdings and properties of suspects linked to large scale cases of tax evasion, smuggling and other financially-related crimes. The decision is a setback in Prime Minister [...]
Greek Tax Audits Lag Far Behind Goals
As it continues to administer pay cuts, tax hikes and slashed pensions on workers, pensioners and the poor in a desperate bid to keep cutting expenses, the Greek government is way behind a schedule to meet its targets for auditing individuals and companies for possible tax evasion, Finance Ministry data has shown. With tax evaders [...]
Greek Tax Evasion Growing, Fines Ignored Too
While the Greek government has vowed – yet again – to crack down on tax cheats costing the country more than $70 billion, tax evasion is rising, especially among professionals who are keeping taxes they collect from customers and not paying the government, the newspaper Kathimerini reported. With business falling off a cliff during the [...]
Tax Hikes Backfire, Greece’s Revenues Plummet
Despite big tax hikes as part of austerity measures demanded by international lenders, tax revenues fell precipitously in January, with the Greek Finance Ministry reporting a 16 percent decrease from a year earlier, and a loss of 775 million euros, or $1.05 billion in one month. The government took in only 4.05 billion euros ($5.47 [...]
Tax Cheat Singer Voskopoulos’ Fines Waived
Just as Greece has promised to go after tax cheats, fines imposed on a once-popular singer found to have evaded 5.5 million euros ($7.5 million) in taxes have been annulled by a Greek court, setting up another round of judicial battles. The case of Tolis Voskopoulos because a cause celebre for critics who said the [...]
Greeks Avoid Taxes With Bulgarian IDs and Plates
They are born in Greece, live in Greece but that does not stop them from getting Bulgarian IDs and license plates for their cars, to avoid taxes in their country. Neighboring EU country Bulgaria seems to offer the whole package: Bulgarian IDs and plates, low tax rates and exemptions from documentary evidence and emergency taxes, [...]
Greek Taxpayers Pay for Crisis
Analysts from Alpha Bank, in a weekly release of financial developments, have blistered Greece’s tax services for failure to perform properly and said that people who pay taxes are unfairly bearing the brunt of the country’s economic crisis. They said that instead of a coordinated attempt to collective overdue taxes during the country’s crushing economic [...]
Papoulias Asks Greek Rich To Pay Taxes
With Greece being pushed by its international lenders to finally go after tax cheats costing the country some $70 billion – and with most Greeks believing the government has done nothing about it – President Karolos Papoulias has urged Greece’s rich to start paying their fair share of taxes and to help the country’s disadvantaged. [...]
Troika Tells Greece: Get Tax Evaders
With Greeks facing another round of austerity measures, and furious that tax evaders costing the country $70 billion have continued to escape sacrifice, the country’s international lenders are again pressing the government to do something about it. A report by the European Union and International Monetary Fund on Dec. 24 complained that professionals especially, such [...]
Some Greek Companies Duck The Haratsi
While working Greeks are lining up to pay a doubled property tax being put into their electric bills, critics are arguing that some businesses and the wealthy are avoiding it. The levy is being called a “haratsi,” after a Turkish tax that was hated by Greeks during the Ottoman Occupation. The tax is being collected [...]
Greek Villagers Evade Taxes, Drive Ferraris
Greek tax inspectors who routinely find tax cheats in Greece said they were amazed at how brazen and widespread it was in the village of Arma, Thebes where they said they found most of the residents driving around in super-luxury cars such as Ferraris and the Porche Cayenne. The agents said they were examining nine [...]
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Calendar – Exhibits, Concerts, Fun
- Taste of Paris in Athens June 19, 2013
- Video Captures ERT Workers Anguish June 19, 2013
- Greek-Australian Conferences in Thessaloniki, Lemnos June 18, 2013
- 35th River Party at Aliakmonas June 18, 2013
