Tuesday , April 16 2024
Home / News / Economy / Inspectors find tax evasion conducted by foreign-registered yachts

Inspectors find tax evasion conducted by foreign-registered yachts

The Greek Coast Guard in cooperation with the newly established independent authority for public revenues, has reportedly stepped up checks of yachts and tourist vessels this summer in an attempt to net undeclared charter revenues and foreign-registered vessels that illegally carry out excursions exclusively in Greek waters.

Inspections initially check whether the sum on a charter party actually corresponds to the money paid to the vessel’s operator. For instance, a daytrip cruiser in Santorini this week was recently fined for listing a daylong cruise around the caldera at 200 euros, when 1,500 euros was actually collected.

Another five inspections of similar cruisers followed in the same location, with the total take per cruise per day calculated at 1,500 to 2,500 euros, but with individual charter parties (the contract) listing a significantly lower rate.

Besides the fines, the businesses owing the vessels were ordered sealed for 48 hours.

At the same time, coast guard personnel over the past week have announced that at least two foreign-registered yachts were fined for conducting excursions beginning and ending in Greek waters, tourist packages marketed, sold and paid for overseas. -via naftermporiki

Check Also

Nails technician fined with €35K for running “illegal” business from home

Tax authorities in Crete fined a nails technician with 35,000 euros for offering services without …