Tax Evasion: Cash Leaves Open "Holes" in Audits - Market Proposals and the 6 Tax Incentives
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Deputy Foreign Minister Yiannis Loverdos and PASOK Defense Minister Michalis Katrinis crossed swords on Realfm 97.8 over the recent cases of widespread tax evasion, the basketball scandal and developments in national issues. At the heart of the political confrontation were the effectiveness of state control mechanisms, the ratification of the illegal Turkish-Libyan memorandum by the Libyan parliament and the laying of the Greece-Cyprus power cab…
Despite the expansion of POS, tax evasion persists. The market proposes refunds, larger tax deductions and cash restrictions.
The government emphasizes a series of issues related to the everyday lives of citizens
The use of cash continues to create significant scope for concealing transactions, despite the expansion of digital payments and the strengthening of electronic controls by the Tax Administration. The interconnection of cash registers with POS, the electronic transmission of documents and new data cross-checking capabilities have limited the opportunities for tax evasion. However, they have not eliminated […] The article Tax Evasion: Cash leaves…
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