Government drawing up bill for undeclared funds in Greece or abroad

3 November 2015
123 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

Greece – Cyprus – Egypt to meet in Nicosia on Tuesday
GREECE
shares24 views
GREECE
shares24 views

Greece – Cyprus – Egypt to meet in Nicosia on Tuesday

makis - Nov 21, 2017

President of Egypt Abdel Fattah el-Sisi has arrived in Cyprus on Monday paying his first official visit to the island…

Two suspects of Exarchia riots released on condition
GREECE
shares36 views
GREECE
shares36 views

Two suspects of Exarchia riots released on condition

makis - Nov 21, 2017

The two suspects arrested for during the widespread riots around the area of Exarchia near the Athens Polytechnic during celebrations…

Attica floods: One more dead body found, 21 in total
GREECE
shares37 views
GREECE
shares37 views

Attica floods: One more dead body found, 21 in total

makis - Nov 21, 2017

The death toll from the horrific mudslides last week at Mandra has risen and the dead are now 21. One…

Leave a Comment

Your email address will not be published.