Tax debts to Greek state rise to more than 94 bln euros

3 January 2017
654 Views

More than half of the country’s taxpayers owe money to the cash-strapped Greek state, according to the Finance Ministry’s General Secretariat of Public Revenues.

Fresh data show that 4.3 million taxpayers have accrued debts in excess of 94 billion euros, prompting authorities to take collection measures (seizures of deposits and assets) against 826,211 taxpayers.

Old debts accrued prior to 2016 come to 81.6 billion euros, according to the figures. Of this, more than 8 billion is owed by state-owned businesses and municipal authorities, while some 12 billion is unredeemable as it is owed by private businesses that have declared bankruptcy.

Individuals and legal entities like businesses owe another 61.8 billion euros to the Greek state, according to the Finance Ministry, while some 157 million euros is the result of debts from companies issuing false receipts and invoices.
New debts accrued in the January-November 2016 period come to 12.6 billion euros, though the actual figure is much higher as this does not include debts from indirect taxes, fines, customs fees, etc.

In October alone, taxpayers failed to pay 890 million euros in taxes, while collection measures are expected to be taken against another 1.7 million taxpayers with debts to the state, the secretariat said.

You may be interested

Coronavirus Greece: 2,845 new cases, 165 intubated, 12 deaths
GREECE
shares25 views
GREECE
shares25 views

Coronavirus Greece: 2,845 new cases, 165 intubated, 12 deaths

makis - Jul 30, 2021

Greek authorities announced that the new laboratory-confirmed cases of coronavirus recorded in the last 24 hours are 2,845, of which…

Coronavirus Greece: 2,696 new cases, 157 intubated, 9 deaths
GREECE
shares32 views
GREECE
shares32 views

Coronavirus Greece: 2,696 new cases, 157 intubated, 9 deaths

makis - Jul 29, 2021

Greek authorities announced today that the new laboratory-confirmed cases of coronavirus recorded in the last 24 hours are 2,696, of…

Greek real estate market still strong despite Covid-19 pandemic, report shows
FINANCE
shares37 views
FINANCE
shares37 views

Greek real estate market still strong despite Covid-19 pandemic, report shows

Panos - Jul 29, 2021

The Greek real estate market is demonstrating resilience in 2020 despite the fact that the pandemic had an overall negative impact on the…

Leave a Comment

Your email address will not be published.