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What is the reason for considering the law that "If you do not use 30% of your income for electronic payments"?


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What is the reason for considering the law that "If you do not use 30% of your income for electronic payments"?

By AhmadArdity

Inaugurated in July 2019Kyriakos MitzotakisAs part of a fundamental reform that the Prime MinisterRequire payment of 30% of revenue via electronic paymentAlex Patelis, chief economic adviser, announced that it is planned.

Greece goes digital in crackdown on tax cheats
https://www.telegraph.co.uk/business/2019/12/08/new-greek-government-forces-public-spend-electronically-despite/

Greeks set to face heavy fines if they don't spend 30 per cent of their income electronically
https://www.smh.com.au/business/markets/greeks-set-to-face-heavy-fines-if-they-don-t-spend-30-per-cent-of-their-income- electronically-20191209-p53i14.html

Greece forces citizens to spend more online in tax evasion crackdown
https://finance.yahoo.com/news/greece-forces-citizens-to-spend-more-online-in-tax-evasion-crackdown-091820879.html

In the proposal being considered, a citizen who did not pay 30% of his / her income via electronic payment would be fined 22% for the “shortage”. For example, if you pay only 20% of your income electronically, you will be fined 22% for the remaining 10% minus 20%. In this case, “electronic payment” means debit card, credit card, bank transfer,e-commerceThe rent is included in the payment target.

If this law is enacted, a Greek citizen with a monthly income of 1000 euros (about 120,000 yen) will receive tax revenue of about 400 euros (about 50,000 yen) every year if only 15% of the income is paid by electronic payment. is. “If this law is enacted, Patelis says that tax revenues of 500 million euros (approximately 60 billion yen) will be obtained each year.”

Greece's “tax evasion situation”, which is said to be the largest in the world, is deeply involved in the background of Prime Minister Mizotakis considering such economic policies. In Greece, many workers receive income in cash, and Greek citizens and companies have a practice of tax evasion by underreporting income. 2017Applied Economic Research Institute(IPEA)According to research, Greece has about 22% of gross domestic productUnderground economyIt is pointed out that it has escaped from taxation and statistics. In 2018, even a documentary titled “Tax Emission: National Sports in Greece” appears.

Watch "Tax evasion: Greek national sport" below.

Tax Evasion: A Greek National Sport-YouTube

(embed) https://www.youtube.com/watch?v=rc9Xg5dACrk (/ embed)

Prime Minister Mitzotakis promises to reduce the corporate tax from 28% to 24%, to reduce the minimum tax rate from 22% to 9% of the income tax rate, and to provide an annual bonus to pensioners We are committed to doing this and are expressing that we will make “bold reforms”.

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