Text Size
Wed, Apr 01, 2015
FacebookTwitterDeliciousStumbleuponRedditRSS FeedPinterest
English Arabic Dutch French German Greek Hebrew Italian Russian Spanish Turkish
Saturday, 12 January 2013 22:00

A stark reminder of outright theft

Written by 
Rate this item
(1 Vote)

In a recent op-ed Ekathimerini (one of favourite sources) opines

The revelation that the amount owed by taxpayers to the state in unpaid dues increased by 1 billion euros in just a month is an illustration of just how deep the recession has become.

Of course this is only one side of the coin.

The other thing this information has revealed is that 1.1 million freelance professionals and businesses failed to submit their regular value-added tax declarations, which in turn illustrates the breadth of tax evasion.

The worst thing about this data is that failure to pay VAT is not just a case of tax evasion, it is out-and-out theft.

Any individual or business who fails to pay VAT is not just robbing the state, but also their customers and consumers who had to pay the levy on the cost of the product or service they were purchasing.

When evasion and cheating is so widespread, how do we stand a chance of eradicating such behavior?

We wholeheartedly agree and would like to see the introduction of measures suggested previously by the Ministry of Finance that allows customers to walk away without paying if they have not been provided with a proper VAT receipt. What do you think??

Read 824 times Last modified on Sunday, 13 January 2013 13:08

Weather in Crete

Name Days

01Apr
Wed Apr 01
no widely known nameday
02Apr
Thu Apr 02
TITOS (1)
03Apr
Fri Apr 03
ILLYRIOS
04Apr
Sat Apr 04
no widely known nameday
06Apr
Mon Apr 06
EFTIHIOS (1)

Who's Online

We have 33847 guests and 2 members online