“A mantle of justice suddenly covered Greece, boosting the relations between the state and the taxpaying citizen”… That would be the beginning sentence in a science fiction book. In Greek reality things look different and worse.
According to a decision issued by Finance Minister Yiannis Stournaras, the state repays its debts with 6% interest, while this same state demands debt repayment with 8.76% interest plus juicy fines.
Specifically , the annual interest rate to be imposed on taxpayers who are slow to pay their tax liabilities is determined at 8.76 %. Furthermore, taxpayers will be fined with 10% after two-month delay, with 20% after one-year delay and with 30% if the delay is over two years.
In contrast, if the state delays tax returns more than 90 days, it will pay the amount with 6% interest. The state will not be fined.
To be fair, I have to stress that the state, i.e. the tax office, used to pay delayed tax returns with Zero Interest. Even if the delay was more than two years.
