European Union Tax Commissioner Algirdas Semeta says that Greece needs to adopt a zero-tolerance policy against tax fraud and tax evasion.
Semeta recently spoke to the Greek parliament and highlighted EU initiatives to help Greece reform its tax system and improve compliance. While Greece has created a Secretary General for Public Revenue and proposed new tax codes, Semeta sees much work needed before the Greek tax system is fully functioning. Specifically, Semeta urged Greece to “move away from a system where the tax burden falls disproportionately on wage earners and pensioners, and is too lenient on the rich and self-employed.”
Semeta also urged Greece to strengthen its anti-money laundering regime and follow EU proposed actions against tax havens.