NEWS

TV stations will be ordered to pay 40 mln euros in tax

TV channels will be asked to pay a combined total of more than 40 million euros in outstanding tax, the government said on Thursday.

The coalition plans to ask the stations to pay a 2 percent tax on their turnover that has not been collected since 2011. This means the government will aim to collect a total of 24.1 million euros from non-subscription channels and 16.6 million from pay TV.

The stations, however, believe they should not pay this amount as political parties have over the last few years taken advantage of a 2002 law to run campaign ads on TV for no charge, which means that the tax dues have been offset against this free airtime.