A new shock scenario calls for the Greek government examining to retrospectively impose a extraordinary tax by January 1.
In an effort to bridge the € 2 billion fiscal gap the government examines to impose a levy on taxpayers whose income is over € 30.000 at a rate 30%-50% higher that the one already in power.
The government aspires to collect € 1 billion though extraordinary taxes and VAT.
VAT
According to sources a lowest rate of 6% will remain and will include pharmaceuticals among others, the intermediate rate increases from 11% to 12% or even 13% including all foodstuff. While many products under the lowest rate will not be included under the standart rate of 23% in order to raise income for the government. The long-standing lower tax regime that applies on the islands will not be abolished (On all islands - except Crete - there is a 30% reduction in VAT rates).