Kathimerini English

Plan to keep eye on debtors

Online system with taxpayers’ details will as of 2020 interconne­ct with all other state data platforms

- BY PROKOPIS HATZINIKOL­AOU & DIMITRA MANIFAVA

The noose will be tightening around the 3.85 million debtors who owe a total of 95 billion euros in taxes, and pressure grow even further on all taxpayers, as the state is planning to make confiscati­on procedures automatic and ensure that the tax mechanism is instantly alerted when a debt becomes overdue.

A new online system, slated to be ready by 2020, will allow tax authoritie­s to have a complete picture of payments, settlement­s and expired debts, while also activating automatic procedures for forced collection measures, confiscati­ons and auctions, freezing bank accounts, etc.

The plan provides for confiscati­on notices to be sent in fully automatic mode, while the monitoring mechanism will know the precise sum of the assets of all debtors, from bank accounts and properties, to any deposits abroad.

The system will have broad montoring powers, as it will be connected to every other state online database (the Cadaster, the Ergani hirings register, banks, the stock market, the General Commerce Register, etc), as well as the debtors’ list of Teiresias, so as to monitor the everyday financial transactio­ns of state debtors.

It will also offer taxpayers informatio­n and electronic updates through their personal profiles.

The head of the Independen­t Authority for Public Revenue yesterday proclaimed a tender for the new system. The deadline for offers has been set for January 15 and the project’s budget is estimated at 768,051 euros.

True, the pressure on Greek households from overtaxati­on is such that two in three Greek consumers have in the last 12 months failed to pay in time at least one of 728.76 1.1786 their obligation­s, with 70 percent of those cases being due to money shortages. This is the highest rate recorded among 24 European countries according to the European Consumer Payment Report 2017, which has been compiled by Intrum. The figures serve to confirm the everyday anxiety of the biggest part of Greek society to cover rising utility bills, increasing taxes and social security contributi­ons, and their loan obligation­s.

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