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Tag Archives: taxpayers

Finance Ministry to start lottery for purchases with credit/debit cards on Nov 30

The first ever lottery for purchases via credit and debit cards will take place on Thursday, November 30th 2017. To start with, the Greek Finance Ministry will use the data for purchases made in October. The Ministry reportedly plans one more lottery draw action in December for transactions via plastic …

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Greece’s Lawmakers grant themselves a tax gift of up to €2,000

Greece’s ministers, lawmakers, mayors and other high-ranking public officials are able to enjoy generous tax reductions reaching up to 2,000 euros per year. A Greek daily revealed that the reductions affect the so-called Solidarity Levy. The parliament voted in favor of such decreases already May 2016. The provision was included …

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Greek Finance Ministry to chase taxpayers owning properties in 84 countries

The General Secretariat for Public Revenue has begun identifying properties owned by Greek taxpayers in 84 other countries which cooperate with the Greek authorities in a data exchange system. The secretariat’s agencies have already started drawing information from other European Union states and by the end of 2017 they expect …

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Greece’s draft budget 2017: charming projections with an extra burden of €1.8bn for taxpayers

Economic growth 0f 2.7%, primary surplus at 1.8%, unemployment down to 22.4%, recession at 0.3% and additional revenues of 1.835billion euros. These are the projections in the draft budget the Greek government submitted to the Parliament on Monday. This charming  “€1.8billion” in revenues describes the additional direct and indirect taxes …

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Tax Authorities seize 500,000 bank accounts, collect €1.6bn in Jan-May 2016

Greek Tax Administration has been studiously taking from debtors what it belongs to the state. From January to April 2016, tax authorities have reportedly “emptied” 428,465 debtors’ bank accounts. If the seizures in May be added, the total number reaches over 500,000. In comparison: 333,776 bank account seizures last year. …

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Hugs instead of Heating Oil: Despite Taxes tsunami Greece’s revenues not impressive

The Season Greeting the Greek Finance Ministry sent this year to dozens of officials in several departments were as bit peculiar. The ministry advice “More hugs for less heating oil consumption”, with reference to the heating oil allowance. The Ministry knew very well that despite the tax tsunami it had …

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Greece’s tax arrears amount €11.83 bn for Jan-Nov 2015

Greece’s taxpayers are drained. They halted their payments to the tax office in November and had their tax debts totaling 1.45 billion euro. According to data released by the General Secretariat of Public Revenues, the hole in revenues from January 1st to November 30th amounts 11.83 billion euro. According to …

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Payment delays: Greek state to pay tax returns with 6% interest, taxpayers with 8.76% plus fines

“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 …

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