Greece: Chaos in the system for tax declarations

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http://www.ekathimerini.com/4dcgi/_w_articles_wsite2_1_28/05/2015_550508



Chaos in the system for tax declarations
By Prokopis Hatzinikolaou
Thursday May 28, 2015 (23:18)

Few taxpayers or even accountants have any idea of what is going on with tax declarations this year, as poor handling by the General Secretariat for Public Revenues, confusion in the Finance Ministry – which at the eleventh hour submitted amendments to tax legislation – and numerous mistakes on behalf of social security funds have created a state of complete chaos.

Sources say that only a few declarations have been submitted to date, just a month before the end-June deadline. At the same time, 200,000 businesses that are classified as “legal persons” are unable to submit their declarations as the online platform for that transaction has not yet opened.

Meanwhile, tax revenues are showing a shortfall of 900 million euros.

Despite the muddle, Alternate Minister Nadia Valavani was against an extension of the June 30 deadline during a recent meeting with the board of the Economic Chamber of Greece, according to the press release that followed.