New overdue taxes jump by 1.3 bln in Dec, total stock climbs to 54 pct of GDP

EconomyMacroeconomy Tags: MoF, Revenues, Taxes
Photo by Panayotis Tzamaros/Fosphotos
Photo by Panayotis Tzamaros/Fosphotos

Greece’s new tax debt exceeded the 1-billion mark in December as it climbed to 1.28 billion euros after a smaller increase of 890 million in November, General Secretariat of Public Revenues (GSPR) data revealed on Monday.

The biggest revenue gap of 1.77 billion euros was created by VAT, but this tax has the second highest collectability rate of 84.6 percent. Personal income tax followed suit with a revenue gap of 1.23 billion, while its collectability rate was the lowest...

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