Home » World » Pappas: “7 billion euros in bank profits in two years – Greece is a tax haven for the few” – 2024-03-15 05:30:00

Pappas: “7 billion euros in bank profits in two years – Greece is a tax haven for the few” – 2024-03-15 05:30:00

“While the European directive is a first – important politically, insufficient in substance – step to combat the phenomenon of tax havens, there is a risk that Greece will become a separate tax haven within Europe for very specific categories of companies”, stressed the Nikos Pappas during the discussion of the bill of the Ministry of Finance for the “establishment of a minimum level of taxation of multinational companies”. He also called on the leadership of the ministry “to prove that it does not have in mind to make Greece a tax haven for the few and that it does not have as the only criterion for the performance of the economy the performance of the stock market indices, with the listed ones registering 10, 5 billion euros in profits”.

The parliamentary representative and finance department head of K.O. of SYRIZA-Progressive Alliance underlined that “there are four fields in the Greek economy in which scandalous profits have been made. A part of them should be used to ease the pain of daily access to basic goods for the citizen. Why is this absurd?’ He asked the government of N.D. to comment with counter-arguments on the measures presented by the official opposition party to fight the accuracy and reform the tax system and not with characterizations and aggravation.

More specifically, he asked the present Mr. Theoharis: “Shouldn’t something be done about the accuracy?” Shouldn’t indirect taxes be reduced, as we say? Shouldn’t the profit margin be priced? Shouldn’t there be a limit on the refining margin, as the European directive also provides from the spring of 2022? Is it good for the economy for the banks to have 7 billion euros in profits in 2022 and 2023 and the deferred tax to be 16 billion euros? And because we tell you to get 1.5 billion euros, you hurl such characterizations against us? Can’t trading companies contribute to electricity?’

Regarding the proposals of SYRIZA-Progressive Alliance for taxation, Nikos Pappas underlined: “Say openly that you disagree with the new tax scale we propose, which eases all incomes below 100 thousand euros. Say you’re against scrapping advance tax and reducing rental rates for small properties.’

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