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Greek FinMin to expose on internet businesses holding back V.A.T.

Greek finance ministry threatens to expose businessmen who do not return to the state the collected Value Added Tax. Media report on Thursday, that the ministry will upload name and tax number on V.A.T. evaders on internet and expose their tax evading mentality to the public. Furthermore, the ministry will not accept the invoices issued by these businesses.

Media report that the private sector owes to the state 13,463 billion euro in Value Added Tax.

Many  – especially small businesses – do not give the V.A.T. and hold it back in order to cover running costs like rent, utilities, wages for employees.

Expose the tax evaders? Daily Eleftherotypia has a very …’exposive’ story today:

“Ministries and other state institutions keep in their drawers 1.4 billion euro in cash that they received in order to pay arrears to private sector.”

PS You think, anyone would care if exposed for not giving the V.A.T. to the state?

 

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4 comments

  1. Wow! That’s the stupidest thing I have heard off in a while… Like you say: “Who cares!” The only good thing is that it will help the consumers. Knowing that the VAT you pay those businesses on the list are not passed one, one can just not pay the VAT. Easy!
    And what’s that about “the ministry will not accept the invoices issued by these businesses”? Does that mean that if the supplier you buy your produce from is a crook, you, as a business or individual are punished too because you won’t be able to submit the invoices of your purchases?
    About that Eleftherotypia story: I told that several times 🙂 But now we seem to know for sure that we don’t get our money because the state doesn’t have it. Ministries and other state institutions keep in their drawers. It’s pure theft. And thieves should be prosecuted. But they won’t. Great, great country to invest in!

  2. you think the consumers will check with the internet before they go for purchases???
    invoices = by the FinMin for tax deduction or whatever purposes.

  3. Yes, they want you to do that. And why wouldn’t we, as consumer?
    And yes, when the invoices you got from your suppliers are thrown in the bin by the FinMin you get punished by not getting deductions or whatever.
    Remains the 60 thousand dollar question: When the FinMin puts up names and addresses of VAT-cheaters on a website, doesn’t that mean that they know these people are breaking the law and should they now, with all the powers they have, prosecute them to get that money and to put these crooks in jail???

  4. because I have more important things to do than doing unpaid job for the FinMin, i.e. chasing tax evaders