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Greeks Told To Declare Cash "Under The Mattress", Jewelry And Precious Stones
When earlier today we read a report in the Greek Enikonomia, according to which Greek taxpayers would be forced to declare all cash "under the mattress" (including inside) or boxes that contain more than 15,000 euros as well as jewelry and precious stones (including gold) worth over 30,000 euros, starting in 2016, we assumed this has to be some early April fools joke or a mistake.
After all, this would be merely the first step toward full-blown asset confiscation, conducted so many times by insolvent governments throughout history, once the government cracks down on those who made a "mistake" in their asset declaration form or simply refuse to fill such a declaration, thereby making all their assets eligible for government confiscation.
It was not a joke.
Here is the take of Keep Talking Greece, whose stunned response mirrors ours.
Cash "under the mattress" totaling more than 15,000 euro, jewelry and other valuable items such as diamonds and gemstones, should be declared to electronic system of tax authorities, Taxisnet, as of 1 January 2016. Next to properties and vehicles and shares, now the taxpayers will also have to declare their deposits. And not only that. They will have to fill if they rent bank lockers and if yes, also the name of the bank and the branch, even if abroad.
A joint ministerial decision issued by the Ministries of Justice and Finance indicates that taxpayers in Greece should add all their valuables into a new category of the tax declaration, the “Assets declaration.”
Specifically, the decision provides that:
“Assets declarations” are submitted electronically and mandatory via Taxisnet.
Starting date for the submission is 1.1.2016
Declared must be cash money if more than 15,000 euro and precious items if their total value exceeds 30,000 euro. These amounts apply cumulatively per household (husband, wife, underage children).
To facilitate the completion of the declaration, data from the income statements (E1 and E9) will be drawn automatically.
Note that this Assets declaration process will initially apply to lawmakers, journalists, public servants etc and is the rehearsal for the creation of the electronic property & assets register that will be extended to all taxpayers.
The new assets declaration form has a total of 56 pages.
The decision has been taken “in the context of support and development of the economy,” the ministers state.
Some thoughts
First of all, the ministerial decision will certainly support and help to growth the noble profession of accountants.
How can a bride know the value of the jewelry her parents-in-law gave as a wedding gift?
If the retail price of X valuable item was 10,000 euro in 2005, what is the value today?
And what will happen if one will not declare his assets? The tax authorities will raid the home and search under the mattress to find grandma’s ring?
Are you kidding me, Greek Syriza state?
PS we should note that this assets declaration was in plan before SYRIZA came into power. Not sure about what minister promoted this, I vaguely reckon it was form New Democracy. Or most likely it was a Troika’s idea in order to grab the so-called ‘black money’ that starts with 15,001 euro in cash and diamonds worth 30,001 euro.
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welcome to the zionist jew world order greek style
Am I required to declare the dildo I store in my colon? I think it's worth $10 or so.
You need to declare it to ZH member Monetas.
mr gov man, i know a guy who's got 1 million euro's in his home..what do i get if you find it..?10% well a new industry of snitching is born..much like the war on drugs drop a dime to remove competition. You can use the corrupt .govto do your bidding if they think there is money in it. why do you think we have soooo many laws..for justice right. LOL
Interesting line of thought. Did not think of that. One can also go to organized crime groups to get even a bigger cut or to do the heist yourself. Keep it from the tax man though!
Can we safely predict a record number of boating/jewelry accidents between now and January 1st?
Gee it does look like Greece wants to know how much MOAR it can tax its residents.
Boating accidents are bound to happen in Greece.
I mean, it's an island nation and people are in boats all the time. Given the Meltemi wind that whips across the Aegean this time of year, I'd expect a lot of accidents and cargoes lost overboard.
Hello department of Integrity and Honesty, I just thought I'd tell you I'm keeping my Gold in the front pot plant, and cash in the Toilet reservoir so I know it's safe now. And the Front door key is under the garden gnome.
shove the people
buy the people
poor the people
Drug the people
Subdue the people
Rape the people
Coming to a country near you!
THE ADVERTISING ON THIS PAGE IS BECOMING RIDICULOUS FUCKING "FRUITELLA"!!!
Adblocker dude
https://adblockplus.org/
USE IT.
Step 1
Install Chrome
https://support.google.com/chrome/answer/95346?hl=en
Step 2
https://adblockplus.org/
Step 3
Never go back to internet exploder ever again.
The internet is unbrowsable without Adblockers............
Good advice. AdblockPlus also runs with Firefox browser.
And there's Ghostery too which blocks all the trackers.
Hey Zorba you have 2 kidneys 1 belongs to us, give it or pay the tax.
Relying on the honesty of poor greeks who are financially against a wall. Great idea.
As for me, I am clumsy, forgetful, a bad gambler and a very poor sailor. Those terrible personal flaws took care of all my cash and metal. Thankyou Mr Administrator, have a nice day. Hope you don't get shot again.
This sort of shit is likely less than 2 years away in the uk.
Must golden teeth be declared too? No joke.
Seems like Greece is the new 'test lab' - Remember you could only draw 60 Euros per day even if you had 10 million in the bank - Greek pensions were also cut to 96 Euros per month - Test in Greece - Implement EVERYWHERE !
I do not think anyone will fill this form in Greece....
Have good laugh and throw it in the garbage or send it back empty.
Declare "deez nuts", mother fuckers.
the greeks used to be the top rioters in europe,
piss em off and they went at it big time,
The poll tax riots in britain were epic but we could have taken the initiative.... sacked 10 downing street, westminster and the palace, we could have hung em all out to dry but we failed
question is... will we/you grasp the opportunity next time?
Hang bankers
OK, all you gold bugs with your physical gold. You think you have the answer? How are you going to sell all that gold when the physical possession of it becomes illegal? You are the main ones who keep voting these corporate 0.1%er Republocrats into power. Stop it!
If you Keynesians and Austrians can't get your acts together and identify the real problems, at least stop voting for the corrupt sleazebags. If you're "socialist" vote Green, Justice or Socialist; if you're a market fundie, vote Libertarian or Constitution or something else. For Earth's and Mankind's sake, stop voting for the sociopaths who will bing you nothing but excess heat in one form (greenhouse) or another (thermonuclear).
You are targeting your comments on the wrong blog. ZH'ers already know all this. They don't vote for the fools. You need to post on other sites, where your rant might make a difference. Try the Democratic Underground. They pretend to know every fu-cking thing on that site.
We all know that under the mattress is the tough situation, but we need time to recover the nation economy
Maria
http://yourbettersleeps.com/