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tax evasion

Authorities Looking For Greek-Australian Tax Evaders

The Australian Taxation Office (ATO) has launched an investigation regarding the income and property that members of the Greek Diaspora have in Greece. Greek-Australians have a deadline until December 2014 to voluntarily declare all their homeland assets in order...

In-House Checks for Tax Evaders

In a continuous effort to fight tax evasion, Greece is adopting the US model as the State Legal Council has ruled in-house checks or checks in offices and businesses constitutional. Tax officers will have the authority to search for...

Financial Crime Unit Found € 5.2 Billion Account

The Financial Crime Unit (SDOE) in cooperation with the financial prosecutors are auditing the 64 discs given by Greek banks containing data on bank deposits for the period 2000-2012. The authorities will first examine bank accounts with deposits over 100,000 euros and later accounts...

Financial Crimes Increased by 41.6% in First Quarter of 2014

A Greek Police report on crime during the first quarter of 2014 showed a dramatic increase of 41.6% in financial crimes and a drop of 21.5% in crimes such as thefts, robberies, break-ins and homicides. According to the Greek Police report, compared to...

Greek Vocational School Committed 20M Euro Fraud

It was revealed that the owners of a very well-known private vocational school (IIEK), which has been operating in Greece for the last twenty years in the field of private post-secondary education, were in fact evading millions of euros in...

Four Out of Five Wealthy Greeks Evade Taxes

The Audit Authority for Tax Payers with Great Wealth revealed the enormous size of tax evasion in Greece. Figures in more than 1,200 folders concerning tax evasion cases reveal that only one out to five wealthy citizens has declared a true...

Theoharis Pushed Out For Chasing VIP Tax Cheats

The man brought in to oversee and improve tax collections in Greece, Haris Theoharis, was forced out by the government for being too aggressive in chasing high-profile tax cheats, the The Bloomberg news agency reported. Haris Theoharis said he was leaving...

Greek Government Strives to Collect Taxes

Greek citizens and businesses ran up a further 4.325 billion euros of debt to the taxman between January to April, taking the total owed to 66 billion euros. Finance Ministry data shows tax debts are increasing by an average of one billion per month...

Manager of Clinic Accused of Tax Evasion

The manager of a clinic of a public hospital in northern Greece is accused of tax evasion. An investigation conducted by the Department of Financial Police in the man's finances revealed that he had not declared about  700,000 euros...

Parliamentary Budget Report Questions Greek Success Story

A report by Greece's Parliamentary Budget Office for the first quarter of 2014 contests the key points of the country's economic "success story" and claims the government's medium-term fiscal plan is overly optimistic. The 59-page report claims that the Greek government should revise its targets...