tax evasion

The new Greek government is drafting new legislation to give the Financial Crimes Squad (SDOE) greater powers to battle tax evasion. SDOE can now impose penalties on tax evaders and at the same time can negotiate with suspects and offer...

The notorious "Lagarde List" should include a total of 2,148 names and not the 2,062 that are listed so far, according to a report in Ta Nea newspaper. The Lagarde List is a spreadsheet containing over 2,000 names of possible...

A YouTube channel uploaded a video featuring the top 10 crimes that have been caught on Google Earth. The list included prostitutes, drug dealers and thieves who were caught by authorities across the world thanks to Google’s satellite program. One of...

Tax evasion from the tourism industry will cost Greece 1.5 billion euros in lost revenue in 2014, said the President of the Hellenic Chamber of Hotels (CHC), Giorgos Tsakiris. According to iefimerida.gr, Tsakiris made the blunt statement during an international tourism forum...

Tax evasion still hounds the Greek economic recovery, despite extensive measures taken by the Greek Ministry of Finance to reign in the problem. According to the Greek newspaper Imerisia, the turnover from tax evasion and illegal import-export of industrial products, fruits,...

Even in the current climate of economic reform overtaking Athens, tax evasion rates remain startlingly high in Greece, with an estimated one in four economic transactions going unrecorded. In fact, a recent report conducted by Stephen Hall, an adviser to...

"Our lines are currently busy. Please wait..." This is the automated message that greets you when you dial 1517, a special telephone service used to report tax evasion. In 2008, the service's first year of operation, just 4,000 Greeks dialed 1517...

The number of Greeks entering billionaire-status is on the climb, a study finds, despite the growing impoverishment of the country's masses. According to an annual report published by the WEALTH- X Agency, compiled with the assistance of UBS Swiss Bank, there are currently...

The Greek Financial Crime Unit (SDOE), along with several tax inspectors, have been investigating the case of the Lagarde List, a list of names of Greek people with Swiss bank accounts. After the investigation, SDOE is expected to announce...

During an interview with the Financial Times, IMF chief Christine Lagarde talked about all major financial and political issues in China, Germany, Russia and Ukraine. However, when asked about Greece, she appeared hasty to move to other subjects. Lagarde only commented on taxation...