BUSINESS

Tax authorities perform 19 confiscations per hour

PROKOPIS HATZINIKOLAOU

TAGS: Finance, Banking

Tax authorities are averaging 19 confiscations per working hour in response to taxpayers’ failure to meet their obligations.

According to 2018 data published by the Independent Authority for Public Revenue, revenues from confiscations and debt settlements hit an all-time high of 5.55 billion euros last year.

In total the IAPR seized deposits in 118,361 bank accounts belonging to taxpayers with debts to the tax authorities.

Online



 



Booking.com