Confiscation of movable property for VAT purposes does not work

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It seems that the tool that the Tax Department has in its hands in order to collect money from the confiscation of movable property for overdue debts to VAT is lower than expected.

The specific measure, as reported by the Ministry of Finance and citing a relevant article in the newspaper "Phileleftheros", does not yield the expected results, especially after the recent amendment of the Law on Civil Procedure, according to which most of the movable property is excluded.

In particular, the legislation excludes the necessary clothing of the debtor and his family, kitchen utensils, furniture, electrical appliances, computers and other devices used for the study and education of children, medical equipment and various other objects.

It is noted here that the measure does not apply in cases of direct tax and income tax debts, with the Parliament having not yet voted on the relevant regulations.

Even in this case, members of the Finance Committee have added various clauses to the regulations in order to protect debtors, such as exceptions for work tools worth up to € 6.000 and a vehicle worth up to € 3.000 when deemed necessary. in daily activities. Finally, the exceptions include a vehicle for the disabled, as well as household appliances necessary to maintain a standard of living.

All the above, according to the publication, are part of the response of the Ministry of Finance to the recommendations of the Audit Office that respond to the annual report for 2015.

Source: sigmalive.com