Author Topic: Greece's 'Bermuda triangle'  (Read 2999 times)

0 Members and 1 Guest are viewing this topic.

Offline Maik

  • Administrator
  • Forum Deity
  • *****
  • Posts: 35167
Greece's 'Bermuda triangle'
« on: Thursday, 05 March, 2015 @ 13:13:53 »
Quote
Greece seeks to plug its 'Bermuda Triangle' of lost taxes

Prime Minister Alexis Tsipras has made stamping out fuel and cigarette fraud one of his priority reforms, with the state losing an estimated 1.5 billion euros ($1.7 billion) a year in petrol tax alone, and between 500 and 600 million euros in lost revenue on tobacco.

According to the market research company Nielsen, which used official Greek data, more than one cigarette in five smoked in Greece last year was smuggled, compared with only three percent in 2009 when the crisis that has devastated the Greek economy first struck.

But the loss to the Greek treasury is even more serious when it comes to petrol taxes. One fifth of the petrol used in Greek cars has been adulterated in one way or another, an industrial research centre found in 2012, mostly with petrol for boats which is taxed at a much lower rate.
http://www.ekathimerini.com/4dcgi/_w_articles_wsite2_1_05/03/2015_547902