Greece offers tax cheats 50% penalties discounts, 10-year payment plans
8/4/2024 10:50
Trying again to reduce evasion with tax rates up to 45 percent making it difficult – or impossible in some cases – to pay obligations to the state, Greece’s New Democracy will cut in half how much must be paid, only for fines and surcharges.
That’s aimed at providing an incentive although the full amount for the debt must be covered, which could keep debtors owing huge amounts away from the scheme unless amnesty is brought.
Source: The National Herald
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