
The use of electronic transactions, tax cuts and preferential terms (72 and 120 payments) led to a reduction state debtors by 400,000 compared to 2018, according to his data Independent State Revenue Administration.
According to tax administration officials, automated procedures for identifying debtors, even for a reminder taxpayers their tax liability has been significantly reduced outstanding debts as well as state debtors.
According to the data, an increase in the total arrears on an annualized basis is observed in almost all categories of debt (with the exception of the first category of debt, which concerns amounts up to 50 euros, as well as the category that concerns debts from 500 to 5000 euros). however, the largest of them come from debtors with more than 1 million euros in debt.
Specifically for this category of debt, an increase in arrears of 597 million euros was recorded, which is accompanied by a slight increase in the number of debtors by 197 people. It is noted that 79.5% of all overdue debt and only 0.2% of receivables are concentrated in this category of debt. That is, 9022 taxpayers owe a total of 90.9 billion euros.
In the increase in arrears in the debt range of more than 1 million euros, the contribution of enterprises is important, since the debt received from them increased by 333 million euros year on year. It is noted that 73% of debts in a specific debt range are accounted for by legal entities, while overdue debt reaches 66.3 billion euros at the end of January 2023. Accordingly, the number of legal entities with a debt of more than 1 million euros was 5,495, as it increased by 117 legal entities annually.
As for the total number of debtors, at the end of January 2023, compared to the corresponding period in 2022, there is a decrease of 18,303 people (individuals and legal entities), resulting in debtors of 4,031,610 people. The specific reduction comes mainly from the lowest category of debt and is especially noticeable in the debt range from 10 to 50 euros (reduction of debtors by 43,491 people). On the contrary, the largest increase in the number of debtors, by 16,865 people, was recorded in the range of debts from 50 to 500 euros, which includes 37.6% of all debtors, which corresponds to 1,514,173 persons.
Source: Kathimerini

Lori Barajas is an accomplished journalist, known for her insightful and thought-provoking writing on economy. She currently works as a writer at 247 news reel. With a passion for understanding the economy, Lori’s writing delves deep into the financial issues that matter most, providing readers with a unique perspective on current events.