ECONOMY

Tax authorities target deposits

Those with debts to the First Tax Office of Athens, the Tax Office for Corporations of Piraeus, and the tax offices of Ilioupoli and Kifissia will be among the first to have the amounts owed seized from their bank accounts.

The Finance Ministry’s general secretary for public revenues, Haris Theoharis, announced on Friday that the abovementioned tax authorities will launch the pilot scheme to seize bank deposits electronically from taxpayers with debts to the state in a process that lasts less than 90 seconds.

The ministry aims to expand the program to cover all of the country’s tax offices within the month of January.

Ministry officials state that the aim of the new program is to force taxpayers who can pay their debts off but have not to date to do so. The first to be targeted will be those who have debts to the state in excess of 100,000 euros.