Minister Announces Changes to Property Tax, More Inspections

Minister Announces Changes to Property Tax, More Inspections

Greece's Alternate Finance Minister Tryfon Alexiadis on Wednesday announced plans to revise a special property tax with the aim of lightening the burden for low incomes and small property holders, without changing a 2.65 billion euros revenue target. He also announced a package of measures to intensify controls in the market and in tourist regions of the country.
Alexiadis said that the ministry was examining measures exploiting credit cards for direct VAT payments and announced that a plan for an online connection of cash machines with the ministry’s IT authority would begin from tourist islands. He dismissed the possibility of further extending a deadline for income tax statements.

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