Government drawing up bill for undeclared funds in Greece or abroad
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
Property value plummets by 34% in GreecePanos - Jul 20, 2017
The median value of houses in Greece has recorded a significant fall of 34% between 2009 and 2014, from €106,340…
Michael Karloutsos Appointed State Department Deputy Chief of Protocol and Acting ChiefPanos - Jul 20, 2017
WASHINGTON, DC – Michael Karloutsos has been appointed Deputy Chief of Protocol and Acting Chief, a high-profile position in the…
Red Cross ends provision of services in Softex/Kordelio campPanos - Jul 20, 2017
The Red Cross which has been providing services to the residents of Softex/Kordelio camp in the outskirts of Thessaloniki, since…