ECONOMY

Red Hot Chili fines for tax evaders

The government?s quest to clamp down on tax evaders has netted tens of millions of euros, it said on Thursday, as tax inspectors head to island resorts and rock concerts to fine wrongdoers and seize assets.

Unauthorized sellers of paraphernalia such as hats, light sticks and flags at a concert by US rock group Red Hot Chili Peppers in Athens were fined up to 5,000 euros each, according to one of three government press releases on tax evasion issued on Thursday.

?There will be no more tolerance for tax evasion,? Finance Minister Yannis Stournaras said in another release.

The government has stepped up checks in popular tourism spots after outraged restaurant owners last month chased tax inspectors through town on the island resort of Hydra.

As many as 80 percent of inspected establishments on places like Crete, Corfu and Santorini were found in violation of tax laws, the Finance Ministry said. [Reuters]

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