Stricter fines and penal­ties for tax eva­sion

Kathimerini English - - Focus - PROKOPIS HATZINIKOLAOU

The coun­try’s tax ad­min­is­tra­tion is plan­ning a new, much stricter fines sys­tem for busi­nesses and the self-em­ployed, given that the fines cur­rently in­curred by those who do not is­sue re­ceipts amount to lit­tle more than a slap on the wrist, as the Fi­nance Min­istry’s in­spec­tors re­al­ized dur­ing in­spec­tions con­ducted mainly this sum­mer at tourism desti­na­tions.

A num­ber of tax-dodg­ing en­ter­prises ap­peared to be un­fazed by the threat of fines in­tro­duced on July 25 and con­tin­ued to avoid is­su­ing re­ceipts for their ser­vices, as the in­spec­tors noted.

At the same time, the tax ad­min­is­tra­tion also in­tends to in­tro­duce spe­cific penal­ties and fines for pro­fes­sional cat­e­gories that do not have to pay val­ueadded tax (VAT). For ex­am­ple, the Gen­eral Sec­re­tar­iat for Pub­lic Rev­enue is pre­par­ing a plan to im­pose fines on doc­tors, pri­vate schools and other tu­ition in­sti­tu­tions, as well as other self-em­ployed pro­fes­sion­als and small and medium-sized en­ter­prises with gross tak­ings of up to 10,000 eu­ros per an­num that have been ex­empt from VAT if they vi­o­late the tax code.

Now that pri­vate doc­tors no longer have to have a pa­tients book and cram­ming schools (fron­ti­s­tiria) are no longer re­quired to have a client list, un­cov­er­ing tax eva­sion will be par­tic­u­larly dif­fi­cult.

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