Government drawing up bill for undeclared funds in Greece or abroad

3 November 2015
31 Views

A draft bill that will provide tax payers with incentives to declare previously undeclared funds kept abroad or in Greece will soon be tabled in parliament, Alternate Finance Minister Tryfon Alexiadis said on Monday.

Responding to a question by an ANEL MP in parliament, Alexiadis announced the bill will be ready in two months and will provide a last chance to those who have money that cannot be justified by their tax declarations.

He also said those who do not declare any form of asset in time, will face serious tax and criminal penalties. “In the next few months, we will start the procedures for drawing up a wealth register in which all assets should be entered, so we want to give everyone a chance to declare them beforehand,” he said.

You may be interested

Moneyweek: Why we need another Greek crisis
FINANCE
shares29 views
FINANCE
shares29 views

Moneyweek: Why we need another Greek crisis

Panos - May 29, 2017

Everyone knows the drill for Greek bailout talks by now. There is a lot of posturing on both sides. The…

President Pavlopoulos: Former PM Konstatninos Mitsotakis a great statesman
GREECE
shares28 views
GREECE
shares28 views

President Pavlopoulos: Former PM Konstatninos Mitsotakis a great statesman

Panos - May 29, 2017

The President of the Hellenic Republic, Prokopis Pavlopoulos released a statement on the death of former Greek PM Konstantinos Mitsotakis,…

Greek beauty wins international pageant
GREECE
shares38 views
GREECE
shares38 views

Greek beauty wins international pageant

Panos - May 29, 2017

Greek beauty Konstantina Pagani won the title of “Ms. Transcontinental International” in the pageant competition that took place in Atlanta,…

Leave a Comment

Your email address will not be published.