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Tag Archives: tax evasion

Greece’s steps to curb tax evasion by short-term rentals

Greece’s Finance Ministry will take to curb tax evasion and the concealment of income earned by short-term rentals Airbnb-style, while seeking in the process to increase the protection of tourism enterprises from unfair competition. The ministry is determined to use all means available to restrict such phenomena and, if necessary, …

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Greece to take another step against notorious tax evasion

Greece’s Independent Public Revenues Authority, AADE, will tighten its fight against the notorious tax evasion and will expand the use of electronic payments through POS to more professionals. AADE has reportedly assumed a series of initiatives which start to unveil one after the other which significantly limit the action space …

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Greece’s tax authorities use algorithm in delivery platforms to catch hidden income

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 …

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Overtaxation imposed by SYRIZA led to tax evasion of €3 bn, says FinMin

The overtaxation of citizens under the previous government led to an increase in tax evasion, which increased by about 3.0 billion euros in the past four years, said Finance Minister Christos Staikouras in a statement on Thursday. Staikouras noted that “in 2014, tax rates fell and the economy returned to …

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Drones on the service of Greece’s tax inspectors again tax evaders (video)

High-tech drones on the service of Greece’ Independent Authority for Public Revenues. With Argus eyes, the little secret agents have been buzzing over the heads of tax evaders and their facilities screening and recording movements So far the drones have been deployed in Santorini, one of the most popular destinations …

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Council of State rules tax audits may not use evidence beyond 5-year limitation

Greece’s top court, the Council of state ruled on Wednesday that the tax service does not have the right to take into consideration transactions and deposits of bank accounts in Greece that are older than five years from the time of its audit.  It is the second ruling of CoS …

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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 …

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Shop-owner beats tax officer conducting audits on Patmos island

A local shop-owner beat tax officers conducting audits on the island of Patmos, Dodecanese, on Saturday.  It needed the intervention of two ministers so that local authorities detain the perpetrator. The three tax auditors had arrived on the island of Apocalypse in the context a ‘tax evasion safari’ launched by …

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Germany to give know-how to Greece to combat tax evasion in cash registers

Finance ministry officials are considering the mandatory installment of an application in cash registers across the country that will cancel transactions, a measure ostensibly aimed at reducing the still “Olympus-sized” mountain of tax evasion in Greece. According to reports, the relevant deputy finance minister was in the German federated state …

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