The interconnection of cash registers with POS may have received a small extension, a consequence of the Greek mentality … we leave everything for the last moment but in no case is a project that can change a lot in the Greek economy, cutting a significant “head” from the Lernaean Hydra of tax evasion. But … Read more
The IMF report is about space 2013- 2021. In 2013, the percentage of the underground economy in Greece it represented the 30% of official GDP of the country, while in 2021 this percentage reportedly decreased rapidly, to 16%. In 2021, the Greek GDP amounted to 181.34 billion eurosthe article recalls. The authors of the study, … Read more
2023-11-30 23:50:44 Prison sentences were imposed on two citizens of Santa Clara, Cuba, for tax evasion. The amount defrauded exceeded six million Cuban pesos. The sentences They were published on the Facebook profile of the National Tax Administration Office (ONAT) of the aforementioned municipality. The ONAT did not reveal the identities of both defendants, nor … Read more
2023-11-07 01:52:55 In its standoff with Airbnb, Italy has decided to move up a gear by attacking the company’s finances. Authorities have ordered the seizure of more than 779 million euros from the rental platform as part of an investigation into tax evasion, financial police said on Monday. The Milan public prosecutor’s office accuses Airbnb … Read more
2023-10-18 18:14:58 New Delhi: The Directorate General of GST (goods and service tax) Intelligence (DGGI) has detected tax evasion of ₹1.36 lakh crore in the first six months of the current financial year (FY24) and received ₹14,108 crore as voluntary tax payment. The ₹1.36 lakh crore included 1,040 fake Input Tax Credit (ITC) cases involving … Read more
2023-07-06 18:40:50 The Goods and Services Tax (GST) Council is likely to discuss further tightening of the registration process to curb tax evasion, including introduction of mandatory physical verification and imposition of restrictions on tax refunds for companies claiming wrongful input tax credits, said officials. The apex decision-making body for the indirect tax will also … Read more
2023-05-28 13:26:07 While India is not the richest country in the world, the tax collection here is one of the highest and the income tax rate should be reduced to 25 per cent from around 40 per cent at present, eminent economist Surjit Bhalla said. While speaking to PTI, Bhalla said reduction in tax rate … Read more
The Federal Administration of Public Revenues (AFIP) summoned more than 2,500 taxpayers who have accounts or financial assets outside the countrywhich were not reported in their 2018 tax returns. The persons intimidated -reported the agency- show inconsistencies between the sworn declarations of taxes on Personal Assets and Earnings filed with the agency in 2018 and … Read more