Grèce-propositions de réformes mars 2015
26 Pages
English

Grèce-propositions de réformes mars 2015

Downloading requires you to have access to the YouScribe library
Learn all about the services we offer

Description

Greek Reforms in the context of the 20/02/2015 EUROGROUP Agreement MARCH 2015 1. Introduction This document presents for the first time a full summary of the reforms and legislative projects that will be undertaken by the Government of Greece under the terms of the February 20, 2015 extension of the MFAFA. It is presented to Greece's European partners as a step towards completion of the Final Review of the present arrangement by the agreed target date of the end of April, 2015. Over the intervening month, the Greek Government is prepared to share full details of the technical judgments underlying the fiscal projections presented here, while seeking the benefit of the expertise and practical experience of its partners to refine and improve the estimates. The larger purpose of this document is, in the first instance, to unlock short-term financing that will permit the Greek government to meet immediate obligations, and to meet the stipulations of the European Central Bank so that Greek government bills may again be issued to Greek banks and rediscounted at the ECB. The Greek government considers that these steps are now essential preconditions for the stabilization of the Greek economy and to begin the recovery of Greek institutions and society from the crisis of the past six years, whose consequences are visible and known to all.

Informations

Published by
Published 05 June 2015
Reads 416
Language English
Document size 1 MB













GreekReforms

inthecontextofthe

20/02/2015EUROGROUPAgreement


















MARCH2015
1. Introduction
Thisdocumentpresentsforthefirsttimeafullsummaryofthereformsandlegislativeprojectsthat
willbeundertakenbytheGovernmentofGreeceunderthetermsoftheFebruary20,2015extension
oftheMFAFA.ItispresentedtoGreece'sEuropeanpartnersasasteptowardscompletionofthe
FinalReviewofthepresentarrangementbytheagreedtargetdateoftheendofApril,2015.Over
theinterveningmonth,theGreekGovernmentispreparedtosharefulldetailsofthetechnical
judgmentsunderlyingthefiscalprojectionspresentedhere,whileseekingthebenefitoftheexpertise
andpracticalexperienceofitspartnerstorefineandimprovetheestimates.

Thelargerpurposeofthisdocumentis,inthefirstinstance,tounlockshort-termfinancingthatwill
permittheGreekgovernmenttomeetimmediateobligations,andtomeetthestipulationsofthe
EuropeanCentralBanksothatGreekgovernmentbillsmayagainbeissuedtoGreekbanksand
rediscounted at the ECB. The Greek government considers that these steps are now essential
preconditions for the stabilization of the Greek economy and to begin the recovery of Greek
institutionsandsocietyfromthecrisisofthepastsixyears,whoseconsequencesarevisibleand
knowntoall.

TheHellenicRepublicconsidersitselftobeaproudandindefeasiblememberoftheEuropeanUnion
andanirrevocablememberoftheEurozone.YettheviabilityofthatUnion,andespeciallyofthe
commoncurrency,isnowinquestion,inthemindsofmanyGreekcitizensasitisinthemindsof
many among our European partners. The question before us all, as Europeans, is whether the
EuropeanUnioncanrisetothechallengebeforeit.Itisnecessarynow,withoutfurtherdelaytoturn
acorneronthemistakesofthepastandtoforgeanewrelationshipbetweenmemberstates,a
relationshipbasedonsolidarity,resolve,mutualrespectandanewhopeforcommonprogress.To
thatend,itisnowurgentthatthebooksbeclosedonthepastprogrammewiththerapidconclusion
oftheFinalReview,sothatGreeceandherpartnerscanproceedtonegotiateandtolaunchanew
partnershipandanewmodelfordevelopmentandgrowthinGreece.

2. MacroeconomicandFiscalContext
Macroeconomicframework
TherealoutputgrowthforecastfortheGreekeconomyis1.4%for2015and2.9%for2016.Both
forecastsarelowerthanthoseprojectedbytheBudgetfor2015(2.9%)andtheProgrammefor2016
(3.7%).Inparticular,thenewscenarioassumesdelayofconsumptionandinvestmentplansinthe
firsttwoquartersof2015duetocontinueduncertaintyandareboundinthesecondhalfof2015that
continuesinto2016asuncertaintyclears.Themaindriversofrealgrowthareconsumptionand
investmentexpenditure-theformerbeingmorerobustin2016.Thebaselinescenarioassumesno
policychanges.Underthisnewscenario,unemploymentisestimatedat23.4%in2015(incomparison
to22.6%inthe2015Budget)and21.1%in2016.

Source:MinistryofFinance,preliminaryprojections.

TheMinistryofFinancerealoutputgrowthforecastfor2015isapproximatelyequaltothemedian
forecastofawiderangeofdomesticandforeignbanksandresearchinstitutes.
2 Fiscalprojections
Assumingnopolicychanges,thenewmacroeconomicenvironmentisconsistentwithaprimaryfiscal
surplusof1.2%for2015.Takingintoaccounttheeffectofthemeasurestobroadenthetaxbaseand
increaserevenuesfor2015,whichamountto€4.7billion,theprimaryfiscalsurplusfor2015could
increasesubstantiallyopeningupsomefiscalspace.

Source:MinistryofFinance,preliminaryprojections

Tax administration in Greece has been plagued for decades by loose legislation, primitive
technologiesandweakenforcement,whichtogetherhavefosteredaclimateofnon-compliance.This
inturnimposesarequirementofhighrates,especiallyontaxesthatfallonconsumptionandproperty
andthatarethereforehardertoavoid,andtheconsequenceofthatintimesoffiscalstressis
extreme tax pressure on the general working population, along with increasing informality, tax
evasionandalargebacklogoftaxarrears,mostofwhichbecomeuncollectibleastimepasses.
The new government is conscious that this cycle of non-compliance, tax pressure and
deformalizationmustbebroken,andtheonlywaytodothatistoforgeanewsystemofefficientand
seamlesstaxadministrationinGreece.Forthisreason,thetaxproposalsofthenewgovernmentseek
toexploitbest---practiceexperienceinthepartnercountriesoveralargespectrumoftaxpolicies.
Eachofthesemayberelativelysmallinimmediaterevenueraised,andtheprospectiverevenuesin
eachcasearesubjecttouncertainty.Butthecomprehensiveandbroad---basedapproachwillhelpto
assure that, in the aggregate, significant revenues will be forthcoming. More important,
comprehensivereformoftaxadministrationwilllaythegroundworkforamoreefficientandfairtax
systeminthefuture,andthereforealowertaxburdenongoingbusinessconcernsandcompliant
householdsastheGreekeconomyrecovers.
Financingneeds
Inthegovernment’sbaselinescenario,whichassumesnopolicychanges,thecountry'sfinancing
needsstandsatapproximately€19billion.Itisimportanttohighlightthattheshortfallofthe2014
primarysurplusby2709millionswascarriedoverinto2015,paidforfromthegeneralgovernment’s
liquidityreserves.




3 FinancialandFiscaloverviewoftheGreekReforms
Table3showsanoverviewofthetotalfinancialandfiscalimpactofGreekReformprogram.

Source:MinistryofFinanceandTechnicalGroup,preliminaryprojections

Table4showstherangeoffiscalscenariosassociatedwiththefullimplementationofthereform
agenda.


Source:MinistryofFinanceandTechnicalGroup,preliminaryprojections.














4 Table5describesthelistofpolicymeasureswithaprojectedpositivefiscalimpactfor2015.


Source:MinistryofFinanceandTechnicalGroup,preliminaryprojections.

Table6aggregatesthemeasureswithanexpectednegativefiscalimpact.

Source:MinistryofFinanceandTechnicalGroup,preliminaryprojections.



5 Table7and8aggregatethosemeasuresthatdonotaffecttheprimarysurplus,buthaveapositive
financialeffectforotherreasons.


Source:MinistryofFinanceandTechnicalGroup,preliminaryprojections.

ReformAreas

3. Taxation

3.1. Intensificationofauditsonlistsofbanktransfersandoffshoreentities
a.Currentsituation:Thegovernmentisintheprocessoffinalizingtheauditingoftransfers.Thisaudit
willmakeitpossibletohomeinonun-taxedincomes,potentiallyrepresentingasourceofsignificant
taxrevenues.ThesameistrueoflistsofGreekcitizenswithdepositsinforeignbankinginstitutions.
Moreover,thereare500pendingcasesthatrefertoauditsthathavebeencompletedsince2013,but
correspondingtaxobligationshaveyettobeassessedgiventhelegalrequirementdeterminingthat
existingcasesareauditedagainbytherespectivetaxoffices.
b.Proposedmeasures:TheGSPR(GeneralSecretariatofPublicRevenues)willcombinebanktransfer
and tax return databases in cooperation with SDOE (the financial crime squad) anti-corruption
prosecutors.
• Strengthenbankingsectordataminingtechniquesandimprovecurrentriskanalysissystem
undertheguidanceoftheGreekgovernment ’sOECDexperts.
• GSPRhasidentifiedasetof5complementarymeasurestoaccomplishthispolicygoal.Thedetails
oftheseinitiativesarereadilyavailablefordiscussionwiththeinstitutions.
• ThispolicyisacomponentofoneoftheitemsintheEightBills-Actions-StructuralReforms
(EBASR)tobeintroducedshortly(EBASR-3).
c.Responsibleauthority:GSPR,SDOE.
d.Timetable:Q2of2015.
e.Quantificationoffiscalimpacts:€725to€875millionin2015.€1billionfrom2016onwards.
TechnicaldetailsforthiscalculationareavailablefromGSPR.

3.2. Combatingillegaltradeonoil,tobaccoandalcohol
a.Currentsituation:Petroleum,alcoholandtobaccoproductssmugglingwillbetargeted.Inprevious
yearsanti-smugglingeffortshavebeenfragmentedandnotreflectingbestpractices.
b.Proposedmeasures:StaffingandoperationofCustomsMobileControlUnitswithauditors,in
ordertocarryout24/7checksonadailybasis.FurthercooperationandassistancewithEuropean
partners.GSPRhasidentifiedasetof11complementaryreformstoaccomplishthispolicygoal.The
detailoftheseinitiativesisreadilyavailablefordiscussionwiththeinstitutions.
c.Responsibleauthority:GSPR,SDOE.
d.Timetable:JunethroughH2of2015.
e. Quantification of fiscal impacts: from€250to€400millionin2015. €400millionfrom2016
onwards.TechnicaldetailsforthiscalculationareavailablefromGSPR.

3.3. Enforcementoftransferpricinglegislation
a. Current situation:GreecedelayedtheadoptionoftheOECD’sTransferPricingGuidelinesfor
Multinational Enterprises. Greek legislation also envisages the conclusion of Advance Pricing
Agreements(APAs).Specificactionswillneedtobetakenfortheenforcementofboththeguidelines
andexistinglegislation.
6 b. Proposed measures: Legislation has recently been introduced (Law 4321/2015, article
21)
accordingtowhichexpendituresrepresentingahighriskoftransferpricingincidencewillincurexantethecorporatetaxofrateof26%.
• IntroductionofaDivertedProfitTaxsimilartotheonerecentlyadoptedbytheUnitedKingdom.
• ClosecooperationwithOECD,TFGRexpertsandEuropeanpartnerstofacilitatetheprocessof
implementationoftheguidelines.Furthermore,cooperationwillallowundertakingstudiesto
identify current gray areas and companies over-exploiting opportunities via intra-group
transactions.
c.Responsibleauthority:GSPR.
d.Timetable:Q2of2015.
e.Quantificationoffiscalimpacts:from€40to€60millionin2015.€400millionfrom2016onwards.
TechnicaldetailsforthiscalculationareavailablefromGSPR.

3.4. IntroductionofaVATlotteryscheme
a.Currentsituation:VATevasiontakestheformofnon-issuanceofreceiptsconcealingtheactual
valueofthetransaction.Consumersoftencolludewithsellerstoreceivegoodsandserviceswithout
theissuanceofreceiptssoastoavoidbeingchargedwithVAT.Togivecostumersanincentiveto
abstainfromthispractice,aVATlotteryschemeisconsidered.
b.Proposedmeasures:Implementationofalotterysystemrewardingcostumersfordemandinga
receipt,asimplementedrecentlyinPortugal,SlovakiaandMalta.Closecooperationandassistance
from tax authorities in this countries, as well as other European partners will be requested to
acceleratethisprocess.
• GSPRhasalreadypreparedaproposalforapilotapplicationoftheVATlotteryusingown
technicalresources.Closecooperationandassistancefromtaxauthoritiesinthiscountries,as
wellasotherEuropeanpartnerswillberequestedtoacceleratethisprocess.
c.Responsibleauthority:GSPR.
d.Timetable:Q2of2015.
e. Quantification of fiscal impacts: from€270to€600millionin2015.€590millionfrom2016
onwards.TechnicaldetailsforthiscalculationareavailablefromGSPR.

3.5. FightagainstVATfraud
a.Currentsituation:BasedonastudybytheBelgiantaxauthorities,theGreekStatecould"save"
approximately €1billionfromthefightagainstVATfraud.TheGSPRiscommittedtocombatVAT
fraud.Inparticular,bothBelgianandGreektaxauthoritiesareworkingtogetheronidentifyingthe
VATfraudinGreecethroughtheuseofaspecialsocialnetworkanalysissoftware(SNAbySAS
Institute).
b.Proposedmeasures:StrengtheningofthespecialVATfraudunitwithinYEDDE.
• TheGSPRintendstoactivelyseekfundsforthepurchaseoftheSNAsoftware,possiblythrough
theSiemensSettlementFund.WiththeSNA,thespecialVATfraudunitwillbeabletoidentify
almostinreal-timebothlargeandsmallfraudnetworks.
• ClosecooperationwithBelgianTaxauthoritiestoensurethepromptimplementationanduseof
theSNAsoftware.
c.Responsibleauthority:GSPR.
d.Timetable:Q2of2015.
e. Quantification of fiscal impacts: from€350to€420millionin2015.€420millionfrom2016
onwards.TechnicaldetailsforthiscalculationareavailablefromGSPR.

3.6. ImprovementoftheVATcollectionmechanism
a.Currentsituation:VATRevenueCollectionishamperedbylowpercentageofe-paymentsonaday
todaybasis.
b.Proposedmeasures:ToimprovetheVATcollectionmechanismasplitpaymentmodel,isproposed
alongthelinesofthespecialreportpreparedbyPwCandorderedbyTAXUD.
• B2B(aboveEUR500)andthemajorityofB2Ctransactions(aboveEUR1.500),whichaccordingto
Greeklegislationshouldbepaidviabankaccountsandbankinstruments,willbeeligibleforthe
splitpaymentmethod.
• ClosecooperationwithTAXUDtoensuretheproperimplementationofthesplitpaymentmodel.
7 c.Responsibleauthority:GSPR.
d.Timetable:Q2of2015.
e.Quantificationoffiscalimpacts:Apilotprogramwillbeimplementduringtheyear.Basedonthis,
theGSPRwillbeabletoprojectfuturerevenuesassociatedwiththismeasure.

3.7. Enhancemonitoringofthedigitaleconomy
a.Currentsituation:TheGSPRhassetupaspecialunitfocusingonelectroniccommerceandintends
tointensifyauditsonenterprisesthatusemodernbusinessmodelsfortheiroperationsfollowing
guidelinesestablishedbytheOECD.
b.Proposedmeasures:IntroductionoflegislationthatwouldallowtheGSPRtocreatefakeprofilesin
ordertoengageintransactionswithdigitalenterprisesthataresuspectedoftaxevasion.
• ClosecooperationwiththeOECDtoestablishanActionPlanonBaseErosionandProfitShifting
tailoredtothespecialcharacteristicsoftheGreekeconomy.
c.Responsibleauthority:GSPR.
d.Timetable:Q2of2015.
e.Quantificationoffiscalimpacts:BasedonthecooperationwiththeOECD,theGSPRwillbeableto
projectfuturerevenuesassociatedwiththismeasure.

3.8. Improvementofthestaterevenuecollectionmechanism
a.Currentsituation:Almost85%ofarrearsisconsideredtobenon-collectable,duetothetimethat
haselapsedsinceitsassessment,thelikelybankruptcyofthetaxpayer,instancesofdebtowedby
stateownedornonactivecompaniesandincertaincases,theunreasonablylargeaccumulated
amountofassessedtax,surcharges,finesandpenalties.
b.Proposedmeasures:ReviewoftheCodeofPublicCollection(KEDE)aswellastheCodeofCivil
ProceduresonwhichKEDErests,alongsidewrite-offrulesfordebts.Thiswillhelptoclearthestockof
oldnon-collectabledebts,mainlythecaseshandledbytheLargeDebtorUnit.
• Focusoncollectabledebtinparalleltotheimplementationofnewcollectiontools(gradual
extensionofthee-garnishmentsystem,e-garnishmentofsalariesaboveacertainthreshold,
reviewoflegislationforgarnishingbanksafes,amongothers).
• GSPRhasidentifiedasetof7complementaryreformstoaccomplishthispolicygoal.Thedetails
oftheseinitiativesarereadilyavailablefordiscussionwiththeinstitutions.Ofspecialimportance
isthenecessitytoensurethefullstaffingoftheLargeDebtorUnit.
• ThispolicyisacomponentofEBASR-4.
c.Responsibleauthority:GSPR.
d.Timetable:Progressiveimplementationbetween2015and2017.
e.Quantificationoffiscalimpacts:from€225to€235millionin2015.Technicaldetailsofcalculation
areavailablefromGSPR.

3.9. Installmentscheme
a.Currentsituation:Thecollectabilityofthenewtaxliabilitiesisterriblyweak(only13%)andso
arrearshavebeenincreasingduringthepast2years,atarateofmorethan€1billionpermonth.
Morethan3.5milliontaxpayersarenolongerabletomeettheirtaxobligations.
b.Proposedmeasures:Amendthelegislationforrepaymentsoftaxandsocialsecurityarrears.Also,
tode-criminalizelowerincomedebtorswithsmallliabilitiesinordertoavoidtheirmarginalization
fromtheformaleconomy.
• ClosecooperationwiththeOECD,toestablishbestpracticesadaptedtotherealitiesofthe
country following the Working Smarter in Tax Debt Management report on strengthening
enforcementmethodsandprocedures.
• ThispolicyisacomponentofEBASR-4.
c.Responsibleauthority:GSPR.
d.Timetable:Alreadylegislatedandtobeimplementedthroughouttheyear.
e. Quantification of fiscal impacts: from€300to€400millionin2015.€400millionfrom2016
onwards.TechnicaldetailsofcalculationareavailablefromGSPR.

3.10. Strengtheningtheinternaltaxdisputeresolutionunit
a.Currentsituation:Animportantissuethataffectsthefunctionofthetaxadministrationandthe
8 collectionoftaxrevenuesinspecificisthesignificantlyhighnumberoftaxcasespendingbeforethe
administrativecourts.Thejudicialsystemisinacriticalsituationandahighvolumeofcasesface
severedelays.AccordingtoJune ’s2014data,thependingcourtcaseswere63,999.
b.Proposedmeasures:StrengtheningoftheinternaltaxdisputeresolutionunitwithinGSPR.
• ReviewoftheexistinglegislationbytheGSPRstaffwithaviewtofacilitatingandencouragingthe
issuanceofexplicitdecisions.
• ThispolicyisacomponentofEBASR-6.
c.Responsibleauthority:GSPR.
d.Timetable:Q2of2015.
e.Quantificationoffiscalimpacts:Nofiscalimpactbasedonpreliminaryassessmentsmadebythe
GSPR.Enhancementandpromotionofvoluntarycomplianceisexpected.

3.11. Taxpolicyreformrelatedtocriminalcharges
a.Currentsituation:Legalprovisionsforcriminalchargesontaxfraudneedtoberemodeledto
distinguishbetweensinceretaxpayersthatmayfacedifficultiesincomplyingwiththeirtaxobligations
andtaxpayerswhoengageinlarge-scaletaxevasionorstrategicdefault.Oncethecriminalprovisions’
threshold is reached, the case should be treated as a criminal case, without the possibility of
terminationofthecriminalproceedingsbymeansofacompromisewiththetaxadministration.
b.Proposedmeasures:AdoptionofabridgeprovisionintheTPC(Law4174/2013),whichallowsfor
casesoftaxevasioncommittedbynotreportingorunder-reportingincome,byactivelymisleading
thetaxauthoritiesorbynotpayingVATtobetreatedascriminalcases,
• When the criminal provisions are activated, the penalties and fines of the TPC will not be
applicableandthecasewillbetreatedonlybythecriminalcourt.Thecriminalproceedingswill
notbeaffectedbytherecourseofthetaxpayertothedisputeresolutionfacilityoftheTax
Administrationorbyrecoursetoadministrativecourts.
• ThispolicyisacomponentofEBASR-3.
c.Responsibleauthority:GSPRandDepartmentofJustice.
d.Timetable:Q2of2015.
e.Quantificationoffiscalimpacts:Nofiscalimpactbasedonpreliminaryassessmentsmadebythe
GSPR.Enhancementandpromotionofvoluntarycomplianceisexpected.

3.12. Initiativestoincreaserevenues
a.Currentsituation:Avarietyofactionsmustbetakentoensurethecollectionofpreviousyears’
taxes.Thefailuretocollecttaxesformanyyearsrunningpastwastheresultofeitheroperational
inefficienciesorduetothelackofappropriatedata.
b.Proposedmeasures:Enforcementofthecollectionofspecialbusinessfeeoncompaniesfor2013:
In2014,thesumofthisfeeamountedto€190million,70%ofwhichisestimatedtobecollectable.
• Collectionofvehicleinspectionfees(ΚΤΕΟ):Revenuescouldberaisedthroughintroductionof
legislationthatwouldallowownerstopaythedutywithout,orwithasmall,penalty.
• GSPRhasidentifiedasetof4complementarymeasurestoaccomplishthispolicygoal.Thedetails
oftheseinitiativesarereadilyavailablefordiscussionwiththeinstitutions.
c.Responsibleauthority:GSPR.
d.Timetable:JunethroughH2of2015.
e.Quantificationoffiscalimpacts:from€435to€450millionin2015.Technicaldetailsofcalculation
areavailablefromGSPR.

3.13. ImplementationofTVadvertisementtaxlegislation
a. Current situation: A lawwas passed in 2010 establishing a tax of 20% on revenue from TV
advertisements.However,itsimplementationhasbeencontinuallysuspendedthroughsuccessive
st
circularsoftheGSPR.ThelastsuspensionoccurredonJanuary21 2015.
st
b. Proposed measures: Legislation that annuls the January 21 2015 suspension leading to the
immediateimplementationofthelaw.
• ClosecooperationwiththeOECDandEuropeanpartnerstostudythepossibilityofextendingthis
taxtoadvertisementtothedigitalmedia.
c.Responsibleauthority:MinistryofFinance,GSPR.
d.Timetable:June2015.
9 e.Quantificationoffiscalimpacts:from€50to€70millionin2015.Technicaldetailsofcalculation
areavailablefromGSPR.

3.14. Luxurytax
a.Currentsituation:Thistaxalreadyaffectsthoseinpossessionofluxurygoods(orassetssuchas
cars,swimmingpools,yachts).
b.Proposedmeasures:Increasetherelevanttaxrates.
c.Responsibleauthority:GSPR.
d.Timetable:June2015.
e.Quantificationoffiscalimpacts:Around€20millionin2015.Technicaldetailsofcalculationare
availablefromGSPR.

3.15. Wealthdatabase-registry
a.Currentsituation:Pertainingmostlytorealstate,theideahereistousearegistryofassetsinorder
touncovercasesoftaxevasionbyjuxtaposingwealthwithpastdeclaredincomestreams.
b.Proposedmeasures:NewlegislationwillberequiredwhiletheGovernmentmustensurethatthe
GSPR/GSIShasadequatefundsforthenecessaryinvestmentinITsystemsaswellasdirectaccessto
bankingrecords.
• ClosecooperationwiththeOECDtodevelopastudyoftheevolutionofthewealthofthetop1%
anditsrelationwithtaxpracticesinthecountry.
• ThispolicyisacomponentofEBASR-3.
c.Responsibleauthority:GSPR.
d.Timetable:FromJune2015throughJune2016.
e.Quantificationoffiscalimpacts:Nofiscalimpactbasedonpreliminaryassessmentsmadebythe
GSPR.Enhancementandpromotionofvoluntarycomplianceisexpected.

3.16. Streamlinetheincometaxcode
a.Currentsituation:Legislationwillbeintroducedensuringprofitsandsalariesaretaxedwherethe
economicactivitytakesplace.
b.Proposedmeasures:Modernizingtheincometaxcodeandeliminatingexemptions.Streamlinetax
ratesirrespectiveofincomesource(exceptionstobeconsideredforhighlymobileassets).
• Increaseprogressivitythroughimpositionofatax-freethresholdandanincreaseintopmarginal
rates.
• ThispolicyisacomponentofEBASR-3.
c.Responsibleauthority:GSPR,MinistryofFinance.
d.Timetable:Q2of2015.
e. Quantification of fiscal impacts: from€300to€400millionin2015.€400millionfrom2016
onwards.TechnicaldetailsofcalculationareavailablefromGSPR.

3.17. Taxevasionbyself-employedbusiness/professionals
a.Currentsituation:Theincidentoftaxevasionamongsttheselfemployedistraditionallyhighin
Greece.
b.Proposedmeasures:Apointofsaleelectronicapplicationthatwillrecordeveryincomingcustomer
andtransferreal-timenotificationstotheauthorities.Prioritywillbegiventothisapplicationat
businesseswithafixedlocation.
• Developmentofriskbasedtargetedaudits.
• GreekauthoritieswillrequestcooperationfromOECDandEuropeanpartnersspecificallyto
targetnon-retailbusinesswhichaccountforasignificantshareoftaxevasiononthisissue.
• ThispolicyisacomponentofEBASR-3.
c.ResponsibleQ2of2015.
e.Quantificationoffiscalimpacts:from€20to€30millionin2015.€30millionfrom2016onwards.
TechnicaldetailsofcalculationareavailablefromGSPR.

3.18. Incentivesforthepaymentoftaxesassesseduponanaudit
(assessmentupto31.12.2013)
a.Currentsituation:Thebacklogofcourtcasesinthejudicialsystemisaseriousproblem.ByJune
10