ECONOMY

Mini tax bill gets committee nod

The Parliament’s permanent committee for financial affairs approved on Tuesday by a simple majority the so-called «mini» tax bill that will be discussed by the plenary from Thursday. Finance Minister Yannis Stournaras has insisted that the bill must be voted on by Friday.

Among the 31 amendments introduced is the exclusion of receipts for the acquisition of heating oil and rent payments from among those collected for the securing of a tax-free ceiling, while the capital gains tax for property transactions from January 1, 2013, is seen amounting to 20 percent.

The bill entails additional revenues and spending cuts totaling 2.3 billion euros, including 1.1 billion from extra taxes and 200 million from the increase in interest taxation.