Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs Greece

Tax debts to Greek state rise to more than 94 bln euros

byCT Report
03/01/2017
in Greece, Latest News
Share on FacebookShare on Twitter

ATHENS: More than half of the country’s taxpayers owe money to the cash-strapped Greek state, according to the Finance Ministry’s General Secretariat of Public Revenues.

Fresh data show that 4.3 million taxpayers have accrued debts in excess of 94 billion euros, prompting authorities to take collection measures (seizures of deposits and assets) against 826,211 taxpayers.

You might also like

Experts call for strong regulations, mutual recognition to reduce business costs

12/11/2026

SNGPL, SSGC seek increase in gas prices, submit applications to OGRA

12/11/2026

Old debts accrued prior to 2016 come to 81.6 billion euros, according to the figures. Of this, more than 8 billion is owed by state-owned businesses and municipal authorities, while some 12 billion is unredeemable as it is owed by private businesses that have declared bankruptcy.

Individuals and legal entities like businesses owe another 61.8 billion euros to the Greek state, according to the Finance Ministry, while some 157 million euros is the result of debts from companies issuing false receipts and invoices.

New debts accrued in the January-November 2016 period come to 12.6 billion euros, though the actual figure is much higher as this does not include debts from indirect taxes, fines, customs fees, etc.

In October alone, taxpayers failed to pay 890 million euros in taxes, while collection measures are expected to be taken against another 1.7 million taxpayers with debts to the state, the secretariat said.

Related Stories

Experts call for strong regulations, mutual recognition to reduce business costs

byCT Report
12/11/2026

ISLAMABAD: Business heads and policymakers have demanded of the government to bring about coordinated regulatory reforms, harmonized standards and stronger...

SNGPL, SSGC seek increase in gas prices, submit applications to OGRA

byCT Report
12/11/2026

ISLAMABAD: Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC) have submitted applications to the Oil and...

Major Chambers must unite to make Govt listen to business community: President KCCI

byCT Report
12/11/2026

ISLAMABAD: President Karachi Chamber of Commerce and Industry (KCCI)  Talat Mehmood has called for forming a joint platform of five...

FIR filed against M/s Shippo Pakistan (Pvt) Ltd for removing duty free goods from EPZ Risalpur

byCT Report
12/11/2026

PESHAWAR: Directorate of Transit Trade and Collectorate of Customs Appraisement Peshawar has busted an inter-provincial cartel involved in large-scale mis-declaration...

Next Post

Egypt destroys 12 smuggling tunnels

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.