Unpaid Taxes in Greece Reach 1.539bln Euros

Unpaid taxes amounted to 1.539 billion euros in the first two months of 2024, according to the Independent Authority for Public Revenue (IAPR). As the figures revealed the number of debtors totaled 3,878,712 individuals and legal entities.

The Independent Authority for Public Revenue reported 3,878,712 taxpayers with debts to the tax authorities, with 1,506,475 of these debtors facing enforced measures (seizures).

According to the data, the total outstanding debt stands at 107.18 billion euros, with 26.3 billion of this deemed uncollectible. The actual outstanding debt was limited to 80.85 billion.

Over the 2 months, Greek authorities collected 968 million euros in overdue debts. The new overdue debt reached 1.736 billion, compared to 1.484 billion during the same period last year (an increase of 17%), over the bi-monthly period, according to IAPR.

In terms of the aggregate “new overdue debt”:
For February, the new overdue debt reached 956 million, compared to 930 million during the same period last year (a 2.8% rise).

For the bi-monthly period, the new overdue debt reached 1.539 billion euros, compared to 1.331 billion during the same period last year (a decrease of 15.4%).

Total collections against new overdue debt reached 199 million euros in February, compared to 161 million during the same period in 2023 (an increase of 24%).

For the bi-monthly period, total collections against new overdue debt reached 294 million euros, compared to 223 million during the same period in 2023 (an increase of 32%).