Friday Jul 25, 2014 Search
Weather | Athens
32o C
23o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Finance Minister to press tax office chiefs

Finance Minister Giorgos Zannias was on Wednesday meeting with the heads of the largest tax offices and customs houses in greater Athens in a bid to boost the collection of much-needed revenue as state coffers dwindle ahead of general elections the outcome of which will determine whether or not Greece continues to receive foreign rescue loans.

According to sources, tax authorities are to focus their efforts on collecting outstanding tax debts, zone in on companies that have been withholding value added tax payments and chase arrears for taxes on salaried services.

Tax offices are reportedly sending out warning notes to debtors with large tax arrears, calling on them to make good on debts to the state or face seizures of properties and other assets. Officials are to focus on those with debts of up to 3,000 euros in a bid to make a dent in a total sum of 45 billion euros in uncollected taxes.

May has been a particularly bad month for state revenues as in the first 20 days of the month, which included a general election, the inflow to public coffers was at least 20 percent lower than in the same period last year.

According to the State General Accounting Office, the shortfall in state revenue is 1.3 billion euros. On the basis of this figure, it is estimated that authorities have enough cash to pay salaries and pensions until the end of June.

ekathimerini.com , Wednesday May 30, 2012 (14:43)  
University rectors voice concerns over further budget cuts
Aghan worker claims police intimidation after he demanded backpay
Aristotle University denies regulations barring disabled students
Prison guards demand meeting with public order minister
Lenders highlight Cypriot bad loans
International lenders concluded a fifth review of Cypruss economy on Friday, saying the island was making relatively good progress after a bailout last year but that key challenges lay ah...
More than 15 applicants for Cyprus Airways
Ryanair and Aegean Airlines are among more than 15 applicants which have made a non-binding expression of interest to buy loss-making Cypriot flag-carrier Cyprus Airways, officials said on T...
Inside Business
SOCCER
Ranieri says he has little to change in Greek national team
The Hellenic Football Federation (EPO) presented Claudio Ranieri as the new Greece coach for the next couple of years, after the Italian manager signed his contract in Athens on Friday. I l...
SOCCER
Olympiakos downs AC Milan 3-0 in friendly
Greek champion Olympiakos defeated Italy's AC Milan 3-0 late on Thursday in a friendly match that launched the International Champions Cup in Canada and the US. The result, with goals from A...
Inside Sports
COMMENTARY
Forty years of shortsighted party policies
It is 40 years since the restoration of democracy, and the two main parties which were established in 1974 and determined the countrys fate since then are unable to act their age. For decad...
EDITORIAL
Putting the past behind us
Democracy was restored in Greece 40 years ago and the country owes a debt to Constantine Karamanlis for handling the transition and anchoring the country firmly in the safe port of Europe wi...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Lenders highlight Cypriot bad loans
2. More than 15 applicants for Cyprus Airways
3. Greeces PPC OKs 180-mln-euro investment for wind projects
4. Optimism sees stock index climb over 1,200 pts
5. University rectors voice concerns over further budget cuts
6. Aghan worker claims police intimidation after he demanded backpay
more news
Today
This Week
1. Greek coast guard picks up 77 migrants off Myconos
2. Draghi safety net becoming blindfold as bonds soar
3. Aegean Airlines resumes flights to Tel Aviv
4. Police report points to less crime in 2014
5. Thousands of dead fish surface in Lake Pamvotis
6. Godfather, 35, shot at Karditsa christening dies
Today
This Week
1. Greece seen in third bailout as bonds not enough, economists say
2. Climber dies in Mount Olympus fall
3. Greek sovereign debt at 174.1 percent of GDP in first quarter
4. Unequal after death
5. Greek banks able to tap investors after stress tests, HFSF Says
6. Hedge fund Dromeus turns Greek tragedy to triumph with 160 pct gain
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.