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ATHENS – Greek television stations, many unlicensed and operated by big businesses said to be in collusion with previous governments, now will be assessed 40 million euros in outstanding tax.

The move is being made by the Radical Left SYRIZA-led coalition of Prime Minister Alexis Tsipras that is in desperate need of cash while locked in stalled talks with international lenders over unfinished reforms holding up delayed loans.

The government reportedly plans to ask the stations to pay a 2 percent tax on their turnover that has not been collected since 2011. This means the government will aim to collect a total of 24.1 million euros from non-subscription channels and 16.6 million from pay TV.

The stations are arguing they don’t have to pay because they were forced to abide by a 2002 law that required them to run political campaign ads for free.


The post Greek TV Stations Taxed 40M Euros appeared first on The National Herald.

Source: The National Herald
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