Cash ‘under the mattress’ totaling more than 15,000 euro, jewelry and other valuable items such as diamonds and gemstones, should be declared to electronic system of tax authorities, Taxisnet, as of 1. January 2016. Next to properties and vehicles and shares, now the taxpayers will also have to declare their deposits. And not only that. They will have to fill if they rent bank lockers and if yes, also the name of the bank and the branch, even if abroad.
A joint ministerial decision issued by the Ministries of Justice and Finance indicates that taxpayers in Greece should add all their valuables into a new category of the tax declaration, the “Assets declaration.”
Specifically, the decision provides that:
- “Assets declarations” are submitted electronically and mandatory via Taxisnet.
- Starting date for the submission is 1.1.2016
Declared must be cash money if more than 15,000 euro and precious items if their total value exceeds 30,000 euro. These amounts apply cumulatively per household (husband, wife, underage children).
To facilitate the completion of the declaration, data from the income statements (E1 and E9) will be drawn automatically.
Note that this Assets declaration process will initially apply to lawmakers, journalists, public servants etc and is the rehearsal for the creation of the electronic property & assets register that will be extended to all taxpayers.
The new assets declaration form has a total of 56 pages.
The decision has been taken “in the context of support and development of the economy,” the ministers state.
Some thoughts
First of all, the ministerial decision will certainly support and help to growth the noble profession of accountants.
How can a bride know the value of the jewelry her parents-in-law gave as a wedding gift?
If the retail price of X valuable item was 10,000 euro in 2005, what is the value today?
And what will happen if one will not declare his assets? The tax authorities will raid the home and search under the mattress to find grandma’s ring?
Are you kidding me, Greek Syriza state?
PS we should note that this assets declaration was in plan before SYRIZA came into power. Not sure about what minister promoted this, I vaguely reckon it was form New Democracy. Or most likely it was a Troika’s idea in order to grab the so-called ‘black money’ that starts with 15,001 euro in cash and diamonds worth 30,001 euro.
ARE YOU KIDDING ME?
What will the Areopag say about the for electronic declaration necessary genocide for Rare Earths in Africa or that people (up to 50%!) just don have any money for this job-killing nonsense? “Get to be a mass-murderer!” or “As a member of society you’re obliged to profit from slaughter”?
I don’t think any greek is stupid enough to declare assets that are hidden. Is this a joke?
If one would paint a cartoon out of this the strip-searcher will be very lucky finding Drachma under the bed
Good luck getting the Greek population to go along with this stupid move.
My most valuable assets are my thoughts and if they want me to declare them, they can have them.
What next, slavery? Greeks will all have to work for nothing, and be beholding to the State for everything, not just food rationing, but what food you can eat. While the elites, will be eating caviar and drinking cognac.
Remember, when the State knows everything of value you have, it means you don’t have anything of value that is truly your own, its just on loan, until they come crashing through the door.
What you have is called Communism. And the only way you get rid of Communists, is through revolution.
Now we will see how much Greece (and its so called democracy) is really important to Greeks.
Interesting though, Greece has so many assets, but the Government rather steal from the common poor Greek than sell the assets of the State or Church or Elites!
Welcome to Communism Greeks! Don’t forget, once you have handed over all your valuables, the next stage in communistic theory, is to start deciding who can marry whom, and if or who can have children.
And that is only the start!
Looks like more refugees to come into Western Europe….get ready for the Greeks to come. And that’s when the EU will start falling apart.
Either you are going to run, fight or give everything you have worked for all your lives and obey the Government like it is your new God. You are starting to look more and more like the Germans when Hitler came to power. It is, indeed, a small world after all!
Sieg Heil, Tsipras!
I assume the Euro overlords are demanding this.
I don’t think Greeks smart enough to hold assets off-the-grid will comply.
Greeks sure like taking it in the butt. Buuuuuut at some point… there must be a limit, no?
Next thing you know, the creditors will be asking Greeks to register their gold teeth.
Taxation is theft and go to hell Greece.
Doesn’t matter anyway, at this rate Greeks will have no assets very soon. Unless they start fixing their economy of course.
And all the undeclared cash under the mattress is being spent to pay taxes and bills anyway since the Govt is basically banning cash, so soon Greeks will have nothing to hide! Everything will be in the system, as in salaries, cash etc.
Yes private salaries are low but it seems state salaries are still nice and juicy! As they said before, communist style!
Why aren’t the Greeks killing their treasonous politicians?
It looks really nice, like a really hard socialist or communist thing. But interesting is the sanction… if one does not declare too much, then what ? Just prison or confiscation or both ?
Well, it was either…
*Prosecute the bankers for the toxic mortgage/LIBOR scams that impoverished the world, making homeless, hungry, beggars out of all of us.
*Punish the banking cartel’s multi-billion dollar drug-money laundering operations.
*Investigate why jobs and manufacturing are being out-sourced to China. How China came to own the most of the US debt that financed the US war against…China. Why China (the oligarchy) is buying up US assets at fire sale prices, even as the US is threatening war against China (national security).
*Stop the Fed from fanning hyper-inflation (QE1, QE2, QE3, QE∞) that will result in food riots, mass starvation.
*Stop the looting, privatization of the world’s social safety net, public space, the commons, imposed “austerity” due to the unprosecuted toxic mortgage/LIBOR/Social Security rip-off scams.
*Investigate who was really behind 9/11, the false-flag terrorist attack that touched off the serial, never-ending wars of pillage against the nation-states of the world, initiating the massive expropriation of public wealth, while simultaneously creating the pretext for the massive police state edifice now threatening the freedoms of everyone.
*Investigate why the US government won’t move heaven and earth to stop the radiation spewing from Fukushima, poisoning the US, the northern hemisphere, and investigate the connections between the Fukushima, Stuxnet, HAARP and nuke created earthquakes.
OR…
The Satanic oligarchy…
*Makes being homeless, jobless, veteran, elderly and hungry a crime (useless eaters).
*Ends food stamps to the poor even though there are no jobs, no social safety net, which will result in the starvation of thousands of Americans; with one in five children now living in poverty, forcing the old back to work, while the young can find no jobs.
*Stands by while the unprosecuted banking and economic crisis destroys the ability of cities and towns to protect their own citizens, fund their police departments.
*enables the invasion of Mexican drug cartels, allowing the cartels to traffic drugs into the US, while supplying arms via “Fast & Furious” and allowing a massive influx of illegal aliens into the US.
*Confiscates the guns.
*DHS buys billions of anti-personnel bullets, while giving away “tanks” to US cities and towns.
*Flies soon to be weaponized drones over everywhere.
*Allows Israel, a foreign country to run US NSA spying out of Mormon (Freemason/occult) Utah.
*Pre-positions military hardware in preparation for the coming US melt-down and chaos (COG).
*Buys thousands of “FEMA coffins” in anticipation of US mass starvation, Fukushima FEMA camp relocations.
No. This is not communism. It’s OCCUPATION, stupid!
RESIST!!!
When you belong to a collective and they are responsible for you, therefore everything becomes their business. If the cheese is free, it is a trap. Be responsible for yourself and family and be free.
Viva the black market!! Humanist governments all over the world are screwed. They promised previous generations too much and now their kids are expected to pay for it. It’s no surprise, of course, if you are a student of Austrian economics. The great debt default is upon us.