Tag Archives: tax authorities

Tax authorities in Greece will scrutinize real estate purchases that were conducted in cash. Aim of the tax authorities is to trace and sources of money used for the transactions and possibly trace money laundering. The Independent Authority for Public Revenue (AADE) is tracing the money trail for thousands of …

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Members of  Greece’s tax authorities have uncovered an illegal transportation service on the island of Mykonos. The service was not registered as business in Greece, its luxury limousines and buses for tourists were operating on Swiss plates. The service was mainly targeting Swiss and German tourists who would book it …

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Tax inspectors uncover tax evading Airbnb owners by pretending to be customers. According to Greece’s Independent Authority for Public Revenue (AADE), the trap has revealed a total of 55 Airbnbn tax evaders, so far. In some cases, the ‘fake customers’ even proceeded to booking an Airbnb flat. The first Airbnb …

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Greek Tax Administration has been studiously taking from debtors what it belongs to the state. From January to April 2016, tax authorities have reportedly “emptied” 428,465 debtors’ bank accounts. If the seizures in May be added, the total number reaches over 500,000. In comparison: 333,776 bank account seizures last year. …

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Greece’s tax authorities will soon be able to monitor all bank accounts that Greek taxpayers have within the European Union, according to a draft law currently being discussed by Parliament’s Financial Affairs Committee. Finance Ministry officials are introducing the clauses on the automatic exchange of bank account information, which will …

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Cash ‘under the mattress’ totaling more than 15,000 euro, jewelry and other valuable items such as diamonds and gemstones, should be declared to electronic system of tax authorities, Taxisnet, as of 1. January 2016. Next to properties and vehicles and shares, now the taxpayers will also have to declare their …

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The Greek authorities will try everything to get back to the banks what depositors withdrew before the capital controls were imposed on June 29th 2015. The financial ministry and its high-ranking state officials and interim government ministers are determined and will try everything to get the money back to the …

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 The parliamentary committee assigned to cross check the assets of politicians is calling former deputy Finance Minister Petros Doukas and ask explanations about one million euro that was declared in his income declaration in 2009 but not in 2010. According to news portal matrix24.gr , Doukas has allegedly told a …

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Former ministers and ex members of the Parliament, journalists, doctors, lawyers, businessmen but also a former chairman of a political party are being investigated by the Greek tax authorities on suspicion of sudden (and unjustified) wealth. According to newspaper “6 Meres” the list contains names of politicians but also names …

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