The formation of a stable, economically efficient and socially just tax system is our strategic goal, said the Minister of Finance Christos Staikouras in his speech at the online conference of Transparency International Greece, on the topic: “Corporate tax evasion and tax avoidance: the hunted.”
As he pointed out, the main pillars of government policy are the reduction of taxes and insurance contributions and the introduction of appropriate tax incentives to encourage employment, attract investment and strengthen the payment culture.
In this direction, he added, despite the fluid environment of high uncertainties of the last 2.5 years, we have proceeded to:
Dozens, permanent or not, tax cuts and insurance contributions.
Establish incentives to strengthen electronic transactions to reduce tax evasion. It is estimated that payments by electronic means will rise to a record level of 52 billion euros in 2021, from 40 billion euros in 2020.
Establishment of tax incentives to attract investments and tax residents abroad.
-At the same time, we are strengthening the institutional framework of the green economy, by introducing over-deductions, while we are proceeding with interventions to expand the tax base, as well as the electronic modernization of the tax administration, taking measures to digitally strengthen tax structures and utilize all of the data.
As pointed out by YPOIK, the above reforms enhance transparency and assist in tackling tax evasion and avoidance.
“By insisting and adhering to the need to apply transparent rules, we make every effort, with social sensitivity, to ensure the tax rights of our country, but also to combat tax evasion and strengthen the competitiveness of the Greek tax system,” he said. Mr. Staikouras.
Source: Capital

Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.