Posted on 07/05/2015 7:21:10 AM PDT by Citizen Zed
Greece has proposed a tax amnesty in an effort to collect revenue on billions of euros that its citizens are believed to have quietly stashed in Swiss bank accounts, the NZZ am Sonntag paper reported.
The plan, which still needs Greek parliamentary approval and a final accord with Switzerland, is to levy a flat 21 percent tax on such assets to make them legitimate, raising millions that the government in Athens desperately needs, the Sunday paper said, citing unidentified sources.
"We welcome the fact that Greece has presented a proposal to resolve this," it quoted Mario Tuor, communications director at the Swiss state secretariat for international financial issues (SIF), as saying.
Asked about the report, a finance ministry spokesman in Berne said: "We are in talks but nothing is decided yet."
The paper cited wildly varying estimates that Greeks may have parked between 2 billion and 200 billion euros ($2.2 billion to $220 billion) at Swiss banks, which have been trying to shake off their image as havens for those seeking to avoid the tax collector.
(Excerpt) Read more at mobile.reuters.com ...
yes, that too.....
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAmen!!!!!!!!!!!!!!!!!!!!!!!!!
Making it just that more difficult to hang on to what you brung.
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