Greeks will have to spend at least 30 percent of their revenue electronically

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You would expect that the transition to e-commerce will be mostly voluntary because it will convince people of the benefits and ease of doing so. But not everywhere. In the fight against tax evasion, the Greek government is preparing a new measure aimed at increasing the inflow into the tax purse by at least half a billion euros a year.

Because tax evasion is easier if the goods and services are paid in cash, Greeks will need to spend at least 30 percent of their revenue electronically. Whoever fails to do so will pay a criminal 22% tax, unlike this defined use.

In numbers: Anyone earning $ 1,000 a month will have to spend at least $ 300 electronically. For example, if it's $ 200, it will pay 22 percent of the tax from the missing $ 100. According to research, the share of the gray economy in Greece is already around 20%  of gross domestic product, the highest in Europe. Last year, the Treasury was expected to be deprived of $ 16 billion in VAT non-payment only.

However, concerns are raised, as many in Greece still receive their salary in cash. In Greece, internet access is among the lowest in Europe, with only 72 percent of the population having access. But this does not bother Alex Patelis, the economic adviser to the Greek prime minister, and says they will enact the measure next year.


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