Image default
Greek News

Greeks will face big fines unless paying more through e-transactions

The year 2020 will bring a requirement in Greece that at least 30 percent of purchases be made using debit or credit cards to prevent big fines as the New Democracy government becomes the latest trying to crack down on using cash to evade paying taxes.

The rule kicked in on Jan. 1 under which salaried workers, pensioners, property landlords, freelance professionals and farmers must implement electronic transactions that can be tracked to check spending.

The wealthy, many of whom hide their income in secret foreign bank accounts, have evaded taxes with near impunity while directives are aimed mostly at people who can’t do that, government workers and others paid through checks that can be compared to tax returns.

Read more: the national herald

Σχετικα αρθρα

Greece remains the world’s leading shipping country with 21% of the global fleet

admin

The Global Inflation Outlook for 2022 (infographic)

admin

Markets haven’t acted like this since 1981 & here’s how that played out

admin

EC €300 bln Energy plan: Non-Russian gas imports, RES development and energy savings

admin

US moves to ease a few economic sanctions on Venezuela

admin

Elon Musk puts Twitter deal on hold until fake accounts determined

admin

EC estimates 3.5% growth for Greece and inflation of 6.3% in 2022

admin

The Russian Ruble is the Best-Performing Currency in the world

admin

Google hiring in Athens – How to apply

admin

Saudi Arabia warns that the world is running out of energy capacity: “I have never seen these things”

admin

Inflation in Greece hit a 28-year high reaching 10.2% in April

admin

EU prepares for energy ‘apocalypse’ with measures including ‘car sharing’ and ‘teleworking’

admin