The Greek tax inspectorate’s circular AADE instructs all services to immediately start writing off the debts of thousands of debtors.
Those who have tax debts of up to ten euros are permanently excluded from the list of debtors. The condition for the write-off is that the specified debts are overdue until 11/25/2019, but the citizen has no other debts at the time of write-off.
AADE is writing off debts of up to ten euros to free thousands of taxpayers from the “debtor” stigma after processing a bad debt list. And now, having significantly reduced it, the tax service has got a clear idea of the amounts that can be collected from other, more serious debtors.
The circular was signed by Georgios Pitsilis, instructing all services to immediately begin to implement the current legislation and write off non-essential debts.
It is worth noting that, according to the data of the budgetary department of the parliament, at the end of the second quarter of 2021, the total number of taxpayers, who, most likely, owe the tax service up to one euro, now stands at 70,774 people. Compared to last year, the number of debtors decreased by 351,412 people. This reduction was facilitated by the periodic write-offs of confirmed outstanding debts of legal entities or third parties with receivables of less than one euro.
The write-off led to a sharp decrease in the number of debtors in the category of debt less than one euro, by 313,673 persons per year, while the total number of debtors amounted to 70,774 persons.