ECONOMY

Taxpayers who failed to give clarifications will lose rebates, face penalties

Greek taxpayers who were contacted by authorities and asked to provide additional clarifications in connection with their income tax declarations by September 30 but failed to do so risk losing out on any rebate they might be entitled to as well as facing financial penalties, according to a circular sent out on Tuesday by the Finance Ministry’s general secretary for revenues Haris Theoharis.

Out of 343,000 taxpayers who were contacted by tax offices across the country to submit additional documents to clarify aspects of their declarations, 117,000 failed to respond.