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GreekReporter.comAustraliaMelbourne's Greeks Give Stournaras Tax Advice

Melbourne’s Greeks Give Stournaras Tax Advice

GOCMVThe Greek Community of Melbourne and Victoria has sent a letter to the Gree Finance Minister Yiannis Stournaras asking him to re-think changes in the tax system that affect Diaspora Greeks. They said they want protection against the possibility of  double taxation as well as against bureaucracy accompanying the submission of a tax return.

The letter signed by the chairman of the Greek Community of Melbourne and Victoria, Vassilis Papastergiadis, stated that, “Particular concerns have been voiced by Greeks over the mandatory annual submission of documents, such as the Tax Residence Certificate or a copy of the tax returns abroad” or a confirmation of any service abroad certifying any residence abroad. These regulations will create serious problems to Greeks living abroad, since in most cases the competent authorities in several countries do not issue such documents.

They said there were also concerns that some of the tax changes would be a disincentive for businesses to invest in Greece during a time it needs all the revenues it can get because of a crushing economic crisis.

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