Deadline for voluntary disclosure of incomes extended; govt says 5 bln€ disclosed so far

Wednesday, 15 November 2017 13:16
UPD:13:16
EUROKINISSI/ΣΩΤΗΡΗΣ ΔΗΜΗΤΡΟΠΟΥΛΟΣ

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.

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 Nov. 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 allow 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.

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

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