TaxProf Blog

Editor: Paul L. Caron
Pepperdine University School of Law

Tuesday, November 13, 2012

NY Times: Greece Takes Aim At Wealthy Tax Dodgers

New York Times:  In Greece, Taking Aim At Wealthy Tax Dodgers:

As controversy swirls around the failure of former Greek finance ministers to investigate a list of 2,000 suspected tax dodgers, the current government in Athens is taking a hard look at the foreign assets of those people and thousands of others.

In recent weeks, tax experts at Greece’s finance ministry have been scrutinizing the finances of about 15,000 Greeks to see if money they have sent abroad in the past three years — about $5 billion in all — exceeds the declared wealth on their tax returns, government officials say.

The government of Prime Minister Antonis Samaras is intent on cracking down on wealthy tax evaders as it tries to quell mounting public anger over a slate of austerity measures that the Greek Parliament last week passed by a thin margin.

(Hat Tip: Mike Talbert.)

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