Institutions block government plan on undeclared income disclosure
The Greek government’s plan regarding the voluntary disclosure of undeclared income and funds has met resistance from the institutions during the ongoing negotiations.
According to the government’s plans, the taxpayer would pay a 50% tax for cases where the relevant audit has not been carried out, 55% for ongoing audits and 60% for audits that have been completed.
The institutions however have insisted on a 90% rate, which the Greek government argues is excessive and will undermine the efficiency of the measure.
You may be interested

Confrontation between Dendias & Cavusoglu at the press conference
makis - Apr 15, 2021Diplomatic etiquette was cast aside in an astonishing joint press conference between Greek Foreign minister Nios Dendias and his Turkish…

Russia suspends flights to Turkey
Panos - Apr 15, 2021Russia will restrict flights to and from Turkey from April 15 to June 1 due to a rise in COVID-19…

EU member-states agree to issue Covid-19 travel certificate
Panos - Apr 15, 2021European Union countries today formally agreed to issue Covid travel certificates as a step towards reopening tourism this summer with…