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Greek Tax and Custom Revenues Up 0.28% in 2014

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Revenues by tax and custom agencies in Greece grew 0.28% in 2014, while overdue tax collection rose 12.8% in the same period, the Public Revenue Secretariat-General said.
In a report, the Greek secretariat-general said that tax and custom agencies’ revenue totaled 44.44 billion euros in 2014, from 44.31 billion in 2013, of which tax revenue totaled 32.58 billion euros, up 1.24%.
Overdue tax collection totaled 3.68 billion euros in 2014, up 12.8% from 2013. The report noted that overdue tax collection grew by more than 20% until the end of October but slowed down in the last two months of the year as taxpayers awaited for a more favorable payment scheme by the government.
The report noted that overdue tax collection from wealthy taxpayers totaled 395.5 million euros in 2014, surpassing a budget target by 13.01%. Home auctions totaled 18 in 2014, for a total debt of 140,862,105 euros.
(source: ana-mpa)

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