The treasures of darkness
Getting Greeks to pay more tax is not just hard, but risky
TWO out of three Greek workers either understate their earnings or fail to disclose them to the taxman altogether, according to Stephen Hall, an adviser to the Bank of Greece. Last year an estimated 24% of all economic activity in Greece went undeclared to evade tax and regulation, well above the European average of 19%.
This article appeared in the Finance & economics section of the print edition under the headline “The treasures of darkness”
From the October 11th 2014 edition
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