Greece’s Independent Authority for Public Revenue (AADE) has said it has identified 14 restaurants and cafes around the country that failed to issue receipts for 449,000 orders with a total value of €5.15 million.
In addition to hiding their income, the businesses collected €592,000 in Value Added Tax from their customers but did not pass this on to the tax authorities.
In the largest case, a cafe on the island of Crete was found not to have submitted income tax and VAT returns in 2019 and 2020, thus concealing €1.4 million in income.
A restaurant in Central Athens was found to not have issued 91,300 receipts net worth 685.000 euros for the years 2019-2021.
AADE has reportedly located these businesses via an “risk business algorithm” that submits data from the online delivery platforms thus comparing the issued receipts with the number of orders.
