Register | Forgot Your Password? | Close

ATHENS, Greece (AP) - The Greek government wants to give tax authorities the power to empty the bank accounts of accused tax evaders, even if they have not been convicted.

The Justice Ministry on Wednesday proposed a new law, to be voted on by parliament in coming weeks, that will apply to people formally charged with tax evasion, smuggling, money laundering and concealing assets.

Tax authorities will be able to access suspects' accounts and deduct sums they allegedly owe. If the suspects are acquitted in court, the funds will be returned.

Greece is struggling through its worst financial crisis in decades, and has imposed harsh income cuts and tax hikes to secure rescue loans.

Despite pledges in recent years to crack down on rampant tax evasion, authorities have failed to significantly address the problem.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
share this story:
Attention Comment Users: We have recently changed our comments boards.
We would like you to be part of the conversation and The Voice of Arizona by logging in with your Facebook, Twitter, Google+ or Disqus account. Existing KTAR (Arizona Sports) account members will need to create a Disqus account or use one of the aforementioned social media logins. Thank you.
comments powered by Disqus