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High Taxes Cause Drop in Revenues as they Lead to Tax Evasion

The data breakdown from this year's tax returns so far confirm what Greece's finance ministry officials were afraid all along: Declared income from freelancers...

Greek Tavern Owner Fires in the Air to Scare Tax Auditors

A tavern owner in Volos, Central Greece, fired shotgun shots in the air on Thursday, in order to scare away three tax auditors who...

Business Owner Beats Up Tax Inspectors on Greek Island

A business owner who owns several bars and restaurants on Patmos beat up a tax inspector who visited the island to conduct audits as...

Financial Police Raids at Popular Tourist Resorts Reveal Rampant Tax Evasion, Other Offenses

Financial police inspectors found delinquency rates ranging from 50-100% during raids on major tourist resorts in Greece over the last month, including the cosmopolitan...

Police Shut Bars, Restaurants on Greek Islands for Tax Evasion

At least three businesses were forced to suspend operations for at least 48 hours due to tax irregularities in popular tourist destinations. Officers of the...

Greek State Gets Very Little From Much-Discussed Lagarde and Borjans Lists

The Greek State earned very little from the famous Lagarde and Borjans lists of alleged tax dodgers, instead of the estimated 1 billion euros...

Greek Public Revenue Authority Plans 14,500 Raids in Tax Evasion ‘Hot Spots’

Greece's Independent Authority for Public Revenue (AADE) is to conduct 14,500 swift raids in tourist areas where rampant tax evasion is taking place. The operation...

Greece’s Finance Ministry Launching ‘Receipt Lottery’ at End of June

The Finance Ministry will be launching a "receipt lottery" in hopes of encouraging consumers to ask for receipts and decreasing tax evasion. It is...

Authorities to Audit 70 Greek Businesses Based in Bulgaria

The Independent Public Revenue Authority is conducting extensive audits on 70 Greek businesses based in Bulgaria, according to agency officials. The aim of the...

Greek Public Revenue Authority Reinforces Staff in Tourist Areas

Greece's Independent Public Revenue Authority (AADE) has announced it is reinforcing tax inspector staff in tourist areas for the summer season to step up...

FinMin Tsakalotos Stresses Need to Combat Tax Evasion

Finance Minister Euclid Tsakalotos on Monday stressed the need to combat tax evasion in order to increase tax revenues and reduce tax rates. Tsakalotos...

Parliament Agrees to Form Special House Committee to Investigate Yiannos Papantoniou

Convicted for attempting to hide some 1.3 million euros from Greek authorities, Yiannos Papantoniou and his wife Stavroula Kourakou are about to undergo another...

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