Deadline for voluntary disclosure of incomes extended in Greece

A deadline for the voluntary disclosure of undeclared income will again be bumped back, with the latest cut-off date announced by the Greek finance ministry expected to be November 25.

The development was included as an amendment in a bill on gaming in the country, a closely watched piece of draft legislation that will permit the relocation of the Athens area’s only casino from atop Mt. Parnitha to northern Athens.

According to reports, more than 100,000 taxpayers have already taken advantage of the measure, with previously undisclosed incomes that were declared valued at five billion euros approximately.

Taxes imposed on the declared income, under the current plan, exceed 600 million euros, even though the ministry has not announced the actual amount of tax money that has flowed into state coffers so far. 

Recovery of the Greece’s crisis stricken economy is critical for the further promotion of its booming tourist industry.

Read more here.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinations Greek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons Copyright: Europa credito urgente License: CC-BY-SA

Source: naftemporiki.gr

 

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