Greece

A tavern owner in Volos, Central Greece, fired shotgun shots in the air on Thursday, in order to scare away three tax auditors who fined him 500 euros for a series of tax violations. The three officials entered the tavern...

The Greek Finance Ministry announced on Wednesday that tax auditors who have been physically or verbally attacked, will return to the businesses where the incidents took place. The announcement follows an incident on the island of Mykonos, where two tax...

As it continues to administer pay cuts, tax hikes and slashed pensions on workers, pensioners and the poor in a desperate bid to keep cutting expenses, the Greek government is way behind a schedule to meet its targets for...

Economic prosecutor Panagiotis Athanasiou requested on Tuesday a full audit into the economic and tax reports of Swiss drug maker Novartis’ offices in Greece, as well of a number of senior executives, to investigate possible tax evasion and money...

The Greek authorities' process of auditing suspected tax evaders is very slow, while the number of potential tax evaders is reaching 1.38 million. According to a report in Greek newspaper "Kathimerini," financial prosecutor Panayiotis Athanasiou has written a 25-page report...

Dozens of resignations of senior tax officials have been accepted since the beginning of the year when the auditing on their income and assets began. They are mostly managers of tax offices and centers of audit by the Internal...

The Finance Ministry has sent a circular to all tax offices, audit centers and the SDOE financial crimes corps specifying heavy penalties and audits, as provided under the legislation on money laundering.  This pertains to businesses that repeatedly do not...

One-in-two Greek businesses audited in the first quarter of 2018 were found to have committed some kind of tax offense, according to the Independent Authority for Public Revenue (AADE). AADE agents found that 50.2 percent of businesses audited had violated...

Tax authorities suspended the licenses of businesses across Greece after audits showed blatant cases of tax evasion, reported the Athens News Agency. On Mykonos, authorities confiscated the license and plates of a vehicle of a business that was offering luxury...

Early revenue inspections on some popular Greek islands appear to have seen dozens of businesses fall foul of the taxman. After a raid by Independent Authority for Public Revenue (AADE) auditors on three islands on the 1 May weekend, a total...

A million Greek taxpayers with debts to the state could see their bank accounts and deposits raided. The Independent Authority for Public Revenue (AADE) plan for 2018 will also see more than 200,000 audits of corporations, companies, small businesses, bars, restaurants, professionals...

One of the major issues plaguing the Greek state for decades, tax evasion, was the subject of talks between the revenue heads of Greece and Bulgaria in Sofia on Monday, according to an Independent Balkan News Agency report. The Greek...

The Greek finance ministry on Wednesday tabled in parliament a list of blatant tax evasion and smuggling cases, as an addition to the state budget. The list of major tax evasion cases included countless fake invoices, businesses that were shut...

The EU handling of the Greek debt crisis successfully imposed reforms and avoided a catastrophic default by Greece, but failed in ensuring Athens could stand on its own feet financially, an EU auditor's report said on Thursday. "These programmes promoted...

A business owner who owns several bars and restaurants on Patmos beat up a tax inspector who visited the island to conduct audits as part of an effort to curb tax evasion in tourist areas. According to witnesses who spoke...