Finance Ministry targets 3 bln from unpaid taxes

EconomyMacroeconomy Tags: MoF, Revenues, Taxes

During a press briefing on Wednesday to set out the government’s initiatives for the settlement of unpaid tax obligations, Alternate Finance Minister Nadia Valavani provided figures that give a useful insight into outstanding tax debt.

Unpaid taxes stood at a total of 76 billion euros at the end of January 2015, of which 29.4 billion (38.7 percent of total) was created before 2009 and the remaining 46.6 billion during the crisis years. She also revealed that new unpaid tax obligations...

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