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Financial News: Stricter framework for tax evasion announced

Δημοσίευση 4 Ιανουαρίου 2011, 10:06 / Ανανεώθηκε 27 Ιουνίου 2013, 14:55
Financial News: Stricter framework for tax evasion announced
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The finance ministry secretary general on Monday announced stricter provisions for penalties imposed on individuals caught in the act of tax evading.

The finance ministry secretary general on Monday announced stricter provisions for penalties imposed on individuals caught in the act of tax evading.

Referring to the new tax bill that the government will table in Parliament this month, Dimitris Georgakopoulos also announced the enactment of first instance court procedure for those suspected of not turning over VAT proceeds.

At the same time and according to evidence resulting from checks carried out by the Economic Crime Squad in music halls over the past weekend, it appears that one out of two such clubs engaged in tax evasion. Out of 131 checks performed by the squad's units, 69 music halls were detected not issuing receipts or engaging in other serious tax violations

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