Friday March 6, 2015 Search
Weather | Athens
20o C
11o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Confusion over receipt collection

By Prokopis Hatzinikolaou

The prime minister and the Finance Ministry are concerned over leaks regarding a measure for collecting receipts from the payment of goods and services as new ideas for combatting tax evasion are being hammered out, according to sources.

The government has had to go back to the drawing board on the issue of receipts after the original plan by the Finance Ministry for just 50 percent of the value of receipts from enterprises not associated with evasion – such as supermarkets, department stores and gasoline stations – to be taken into account upon the submission of the income tax statement, provoked strong reactions.

A senior Finance Ministry official said on Thursday that the proposal for calculating only half of the value of receipts from such businesses has been abandoned on the order of minister Yannis Stournaras. Ministry officials have since submitted various ideas and the government is expected to issue a decision within the coming weeks – following the prime minister’s approval – over which receipts will count toward forming a tax-free level to one’s income.

One of the ideas being mulled by the ministry is exempting pensioners from the measure, meaning they might not have to collect receipts representing up to 10 percent of their income this year. Their exemption will be decided if the ministry orders that not all receipts will be included, with a preference to receipts from professional categories that rank high in the tax evasion league.

Another scenario provides for the maintenance of the existing system, but with far fewer receipts than in 2013. According to the regulation passed for 2014 incomes, taxpayers will have to collect receipts equal to 10 percent of their annual income, down from 25 percent that applied up to 2013. Failure to do so may result in a fine.

Greece’s creditors have repeatedly pushed the government to find ways to contain tax evasion by doctors, lawyers and most self-employed professionals. In this context the ministry is set to issue a circular in the coming days describing all the categories of expenditure taxpayers must collect receipts for, and which expenses are exempt.

ekathimerini.com , Thursday Jan 23, 2014 (22:30)  
Jobless rate starts picking up again
Election lifted consumers’ mood
ECB decisions may prove to be a blessing in disguise
Market sees gov’t yielding after pressure
PM, FinMin in diplomatic push to sell measures
Prime Minister Alexis Tsipras and Finance Minister Yanis Varoufakis are launching a diplomatic offensive, with calls to several European counterparts, in a bid to lay the groundwork for anot...
Police seeking missing student to recall key witnesses
Police in Ioannina, northwestern Greece, are to conduct a new round of interviews with students at the city’s Dairy School and other acquaintances of missing student Vangelis Giakoumakis in ...
Inside News
SOCCER
Greece need to attack more, new coach Markarian says
Greece coach Sergio Markarian said Thursday he wanted Greece to play more attacking football against Hungary in a Euro 2016 qualifier on March 29 as his side strive to move off the bottom po...
SOCCER
Super League restarts, but behind closed doors
Deputy Minister for Sports Stavros Kontonis announced on Wednesday the resumption of the Super League this weekend after it was suspended last week following crowd trouble at the Athens derb...
Inside Sports
COMMENTARY
PISA, Schengen, mediocrity and isolation
Greece’s most serious problem is not the economic and political crisis, though it did contribute greatly to it. At the root of our evil lies our great isolation, not only from our partners i...
COMMENTARY
Greek-Turkish relations
There are other issues beyond those focusing on the economy that the government, formerly of the “Indignants” and currently adapting – willingly or unwillingly – to eurozone realities, is fa...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. PM, FinMin in diplomatic push to sell measures
2. Jobless rate starts picking up again
3. Police seeking missing student to recall key witnesses
4. Election lifted consumers’ mood
5. State will keep paying priests´ salaries, Greek gov´t says
6. ECB decisions may prove to be a blessing in disguise
more news
Today
This Week
1. Greek-Turkish relations
2. Greece seeks to plug its 'Bermuda Triangle' of lost taxes
3. Greece struggles to make debt math work amid bailout standoff
4. Greece has backup plan if March bailout cash fails to arrive, says Varoufakis
5. Draghi details sought as ECB's QE plan poised to be fleshed out
6. Government policy
Today
This Week
1. Greece to make international protest over Turkey reserving Aegean air space
2. SYRIZA feeling the pain
3. The Greek tax drama
4. Varoufakis to make six reform proposals at Monday's Eurogroup
5. The unlikely winners of Greece's surrender on euro
6. Tsipras reversal draws Greek sympathy as party rumblings rise
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.