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Cash 'under the mattress' totaling more than 15,000 euro, jewelry and other valuable items such as diamonds and gemstones, should be declared to electronic system of tax authorities, Taxisnet, as of 1. January 2016.
Next to properties and vehicles and shares, now the taxpayers will also have to declare their deposits. And not only that. They will have to fill if they rent bank lockers and if yes, also the name of the bank and the branch, even if abroad.
A joint ministerial decision issued by the Ministries of Justice and Finance indicates that taxpayers in Greece should add all their valuables into a new category of the tax declaration, the "Assets declaration."
Specifically, the decision provides that:
- "Assets declarations" are submitted electronically and mandatory via Taxisnet.
- Starting date for the submission is 1.1.2016
Declared must be
cash money if more than 15,000 euro and precious items if
their total value exceeds 30,000 euro. These amounts apply cumulatively per household (husband, wife, underage children).
To facilitate the completion of the declaration, data from the income statements (E1 and E9) will be drawn automatically.
Note that this Assets declaration process will initially apply to lawmakers, journalists, public servants etc and is the rehearsal for the creation of the electronic
property & assets register that will be extended to all taxpayers.
The new
assets declaration form has a total of 56 pages. The decision has been taken "in the context of support and development of the economy," the ministers state.
Comment: This is what happens when a fascist state freely imprisons people with no cause, no evidence, and no due course of law. Shame on America for this outrageous stain on humanity's conscience.