The Prime Minister Alexis Tsipras has called a Ministerial Council for 5pm on Thursday afternoon, in order to discuss a bill that will include a series of measures, in an effort to come to an agreement with the country’s creditors.

Reportedly the bill includes measures from the “Varoufakis list” and reportedly addresses budgetary issues, tax administration, tenders for television frequencies, taxation of television advertising, administrative reform and reforming the Civil Procedure Code.

According to rumors that began circulating on Tuesday, the bill will include an “emergency tax”, which has yet to be determined. The Finance Minister claimed he was unaware of such plans, when asked.

The measures which the government is to include in its bill will aim to generate 4.7 to 6.1 billion euros and includes the following:

  • Making the General Secretariat of Public Revenue more independent
  • Protecting primary residences from foreclosures with criteria closer to the ECB’s demands
  • Raising the luxury tax for swimming pools, yachts, sports cars etc…
  • Collecting taxes on television advertising and extending it to electronic media
  • Carry out prosecution in cases of tax evasion
  • Implementing legislation which precludes the payments in cash for debts over 1,500 euros
  • Payments towards public utilities, as well as taxes, fines and levees towards the general government will not be payable in cash
  • Providing “bonuses” to taxpayers who are prompt with their payments
  • Implementing measures to combat the illicit trade of fuel, alcohol, cigarettes and VAT evasion
  • Introducing a “receipt lottery” to curb VAT loses
  • Increase tax audits and inspection of lists of suspected tax evaders
  • Establishing a wealth register, while granting tax auditors full access to bank data
  • Adopting a model of separating VAT payments
  • Providing incentives for the payment of taxes, in relation to cases which affect judicial decisions
  • Raising ticket prices for archeological cites and museums