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Greek authorities intensify tax evasion crackdown
The head of Greece's financial crimes squad says his unit is intensifying checks on tax evaders, targeting tourist islands, yacht owners, doctors and owners of luxury properties.
Ioannis Kapeleris says he aims to issue up to euro5 billion in fines by the end of the year.
Kapeleris says a zero tolerance approach to tax evasion also aims to instill some form of "tax consciousness" in Greece.
Tax evasion is one factor behind the financial difficults that led to Greece being bailed out by the European Union and the International Monetary Fund.
(Bloomberg)
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The head of Greece's financial crimes squad says his unit is intensifying checks on tax evaders, targeting tourist islands, yacht owners, doctors and owners of luxury properties.
Ioannis Kapeleris says he aims to issue up to euro5 billion in fines by the end of the year.
Kapeleris says a zero tolerance approach to tax evasion also aims to instill some form of "tax consciousness" in Greece.
Tax evasion is one factor behind the financial difficults that led to Greece being bailed out by the European Union and the International Monetary Fund.
(Bloomberg)