Tag Archives: tax evasion

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 …

Read More »

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 …

Read More »

Tax auditors imposed a mammoth fine to a souvlaki grill for tax evasion. 6,367,600 euro! During conducted controls, tax inspectors found out that the business in Chania, Crete, had not issued a total of 15,919 receipts for the sale of souvlakis and other items. Inspectors calculated that the net value …

Read More »

First seasonal tax evasion audits on tourist destinations are grim. Controls on several islands of the Cyclades in central Aegean Sea showed that 70% of businesses do not issue receipts. The most striking example of tax evasion is the case of a large entertainment facility in Akrotiri area on the …

Read More »

Economic police officers will change their dress code and adapt it to the holiday mood on the Greek islands, especially the cosmopolitan ones. They will conduct tax evasion controls in hotels, bars, restaurants, music halls and beaches wearing bermuda shorts and bathing suits. They will pretend to be customers, order …

Read More »

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 …

Read More »

Donkeys in Crete will get license plates. They will not carry their registration number on their head or their rump. The number that will allow them to wander around will be engraved on one of the four hoofs, I heard this morning on a Greek television channel. Donkeys with license …

Read More »

Greece launches a new Super-Weapon, a powerful application against tax evasion. Audits will go back to 2002. The software will automatically trace tax evaders, crosschecking bank deposits and tax declarations. Within just two minutes. Finance Minister Euclid Tsakalotos presented on Thursday the new tool that is activated in the hope …

Read More »

Tax evasion in Greece is estimated to be between 11billion euros and 16 billion euros annually, a study has found. The study prepared by EY and commissioned by the DiaNEOsis think-tank was presented during an event hosted by the institute and the Federation of Hellenic Enterprises (SEV), Greece’s largest employers’ …

Read More »

Thousands of tax affairs of wealthy individuals “suspected” of tax evasion are at risk to be written off due to statute limitation at the end of the year. Most of the cases are included in 65 CDs containing the names of 1.3 million taxpayers who have made deposits and withdrawals …

Read More »

The prosecutor of the First Instance Court in Athens issued criminal counts and charges on tax evasion and money laundering against Dimitris Kontominas, the owner of private television channel Alpha TV. According to Athens News Agency, “the charge concerns a sum of roughly 48 million euros that arose as a …

Read More »

The other day, I returned home from the beach. It was quite late, short before 8 o’ clock in the evening. I switched the television on for the prime time news of one of private channels, the volume rather high and headed for a shower. Eight o’ clock sharp, the …

Read More »

Greece’ tax evaders never run out of ideas. Always a new trick, always a new luck for the private wallet. Tax controllers on the island of Corfu took one snack bar at the local intercity bus service (KTEL) station under inspection and found this: The snack bar employees would type …

Read More »

These efforts of Greek finance ministry officers to combat tax evasion have always a surprise hidden in their old fashioned drawers. This time, it will be an evil software that will identify tax evaders who show off with their wealth on social media! The ambitious plan will compare pictures of …

Read More »

The famous donkeys of Lindos on the island of Rhodes fell victim to tax controls. A hefty fine of more than four thousand euro was imposed to the donkeys for violating the tax law: that is transporting tourists to the Acropolis of Lindos without issue receipts – probably digging huge …

Read More »

The Greek Finance Ministry is determined to combat tax evasion and has launched a control operation preferably in the touristic areas of the country – which are notorious for selling goods and services without issuing receipts Devoted to combat tax evasion, police and tax controllers have joined forces for a …

Read More »

€One in three stations have made changes in their pumps, thus stealing 5% to 11% from the vehicles tanking and up to 15 cents per liter form the drivers’ pockets. Control checks conducted by the Finance Ministry and the General Secretariat of Metrology Industry during one month ended to these …

Read More »

Companies systematically evading taxes will soon see a padlock on their doors for 30 days. This new kind of fine to Greece’s tax evaders was announced today by the General Secretary of Public Revenues. The same fine will be imposed to company owners who prohibit tax inspectors from conducting inspections …

Read More »

Whoever thought he could tame the Greek businessmen’ talent to tax evasion and thus amid economic crisis, recession and overtaxation will have to look into new ways to bring the issue under control. A new posh fraud with POS devices seems to be the proof  that Greek inventiveness has reached …

Read More »

The Greek government signed a combat-the- tax-evasion deal with the German Federal State of Northrhine-Westfalia. The Germans will help the Greeks with know-how, staff training and data sharing. Based on the agreement conditions, 50 Greek tax officers will go to NRW and get the appropriate training to combat one of …

Read More »