Excessive taxation favors smuggling and hurts the consistent

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'Boomerang’ the constant increase in taxes is proven. According to BSE, although corporate taxation in Greece along with taxes on profits, distributed dividends and the special levy exceeds the 50% has not delivered as expected in the state coffers and most importantly encourages the shadow economy at the expense of legitimate and consistent businesses. Alcoholic beverages are one of the most telling examples where tax excesses have ultimately led to the shrinking of the legal market and the flourishing of the underground economy.. IOBE study, invoked by the alcohol industry, which ensured directly and indirectly 50.000 jobs the 2008 has now shrunk over 50% while despite the more than doubling of the EFFK (from €1,135 the 2008 at €2..550 per hectoliter today), the state still directly ensures approximately the same revenues in EFFK, having also lost a lot of income from the workers who have been unemployed and the business activity that has been interrupted. Indicative of the dimensions that the smuggling phenomenon has taken in the sector is according to the BSE, and the fact that the authorities are finding more and more quantities of illegal alcoholic beverages.   Continue at source ...