ECONOMY

Ministry to start probing thousands of taxpayers over money sent abroad

The Finance Ministry will on Thursday begin probing 13,700 taxpayers who have submitted supplementary statements for amounts of money sent abroad from 2009 to 2011.

Taxpayers who have failed to sufficiently explain the origin of their incomes will be taxed at rates of up to 45 percent.

The tax will have to be paid to tax offices in a lump sum.