Tryfon Alexiadis

The government is abolishing the Financial Crime Squad (SDOE) and the Labor Inspection Unit (SEPE) as separate entities in a bid to relieve their officials from political attachments and streamline the state sector, Deputy Minister for Tax Policy Apostolos Vesyropoulos said on Thursday.

The government is abolishing the Financial Crime Squad (SDOE) and the Labor Inspection Unit as separate entities in a bid to relieve their officials from political attachments and streamline the state sector, Deputy Minister for Tax Policy Apostolos Vesyropoulos said on Thursday.

The French-Greek Chamber of Commerce and Industry is holding an event on Thursday at the French Institute of Greece (31 Sina, Athens) titled "Proposals for a Fair and Effective Tax Policy for Enterprises."
The keynote speaker will be the new head of Grant Thornton in Greece, Nikos Karamouzis, while corporate tax experts will offer their insight.

The Finance Ministry decided Friday to give up on its efforts to change the road tax in time to introduce the adjusted version in 2017, despite the pledges by former alternate minister Tryfon Alexiadis.

Two of the pledges former alternate minister of finance Tryfon Alexiadis had made before the government reshuffle, concerning changes to road tax and the heating oil benefit, appear to have been shelved, although it is possible the latter will go ahead.

It is doubtful whether either the road tax reductions or the changes in heating allowance proposed by former alternate finance minister Tryfon Alexiadis will come into effect.

The lists of possible tax dodgers at the monitoring authorities' disposal are being checked at a particularly slow rate, according to data released on Thursday by Alternate Finance Minister Tryfon Alexiadis.

The Finance Ministry is planning to allow the concession of properties to the state for the payment of inheritance tax - unless this tax exceeds the objective value of the property - 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.

A ministerial decision allowing citizens unable to accept an inheritance for tax reasons to cede property instead of paying inheritance taxes was expected to be announced in the near future, the ANA-MPA news agency reported on Thursday.

The government will reduce taxation on households and enterprises in 2017, Alternate Finance Minister Tryfon Alexiadis announced in an interview with Sunday's Kathimerini.