Alt. FinMin says gov't to submit draft bills on black money, wealth register soon

The government will submit in the coming days a draft bill for the voluntary declaration of black money in bank deposits and a second one on the creation of a wealth register, while next year, it will make some changes in the way income is declared, Alternate Finance Minister Tryfon Alexiadis said on Monday, speaking at a conference on the Budget of the Economic Chamber of Greece.

Outlining the government’s taxation policy for 2016, Alexiadis also noted that wider changes will be made in income declaration in February, while in the next few months, objective property prices will be equated with their market price and the unified property tax known as ENFIA will be replaced by a new one.

The minister described the 2016 budget as difficult “both in terms of its content as well as in what we had to include in its forecasts” and described a total of 10 changed in taxation being prepared by the economic staff.

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