The payment of utility bills using credit or debit cards will also count toward the tax discount for electronic transactions, according to sources, as the state appears unable to distinguish such payments from spending on goods and other services.
The Finance Ministry is planning to allow the concession of properties to the state for the payment of inheritance tax and other obligations to the state, while it appears the government will have to postpone the return of the capital gains tax on properties for another year.
The government will likely have to brace for a drop in transactions, in declared incomes and therefore in public revenues as a result of increases in indirect taxation and in salary and pension deductions for taxes and social security contributions.
The World Bank – and not the International Monetary Fund – is bringing back to the negotiating table with the country’s creditors the reduction of the income tax-free threshold to 5,000 euros per year in the context of welfare benefit restructuring.
The country’s tax administration is planning a new, much stricter fines system for businesses and the self-employed, given that the fines currently incurred by those who do not issue receipts amount to little more than a slap on the wrist, as the Finance Ministry’s inspectors realized during inspections conducted mainly this summer at tourism destinations. […]