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Greek tax collectors accused over bribes January 21, 2012

Posted by proeconomia in Fiscal policy, Main, News on Greece, On the crisis, Opinion.
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On our favorite subject, an nice article on the “inside” jobs of Greek tax evasion. The source is Financial Times and here is a neat excerpt (emphasis added):

“Diomidis Spinellis said a standard scale is used at more than 250 tax offices across Greece to handle settlements with wealthy individuals, family-owned companies and self-employed professionals – seen as the country’s biggest tax evaders.

The long-established practice is known as the “40-40-20 deal”, he said. The tax evader receives a discount of 40 per cent on the agreed fine, while the tax official takes another 40 per cent – effectively a bribe. The state receives only the remaining 20 per cent, he said.

Greece loses revenues of €5bn-€6bn annually because of tax evasion, equivalent to 2.5 to 3 percentage points of gross domestic product – more than any other eurozone member, according to the Paris-based Organisation for Economic Co-operation and Development.”

 

 

 

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Comments»

1. Constantina Kottaridi - January 22, 2012

Why am I not surprised???

Why do I have to pay all these taxes to reimburse these criminals?


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