Tag Archives: plastic money

The much anticipated lottery of plastic money transactions was finally conducted on Thursday evening. One thousand lucky taxpayers shared 1,000,000 euros and each one will see €1,000 on its bank account, thus tax-free. The total number of transactions participated in the lottery amounted to 8,254,535, corresponding to 4,556,328 tax payers …

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The government is expected to issue a ministerial decision in early September that paves the way for the launch of a lottery with cash prizes, awarded to taxpayers based on the value of their transactions using credit cards and other plastic money. According to media, each tax-payer will be issued …

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Greece is banning the use of cash the soft way. As of 1.1. 2017, taxpayers will be granted tax-allowance and tax deduction only when they have made payments via credit or debit cards. The new guidelines refer to employees, pensioners, farmers but also unemployed. Accepted expenditure will be: purchases for …

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Greece’s tax authorities prepare “raids German style” in the middle of the night in order to localize ‘black money’ and ‘undeclared assets’. The tax inspectors will knock on doors or ring the bells at companies or freelancers’ business addresses even in the middle of the night and conduct controls. The …

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