tax evasion
Economy
Greek Banks Propose Tax on Cash Withdrawals to Curb Tax Evasion
Greek banks have proposed taxation of cash withdrawals so that Greeks make more electronic transactions as a measure to curb tax evasion.
The proposal is sent to the ministry of finance for further review, the basic idea being that it...
Economy
Tax Evasion in Greece Reaches €16 Bln Annually
Tax evasion in Greece is estimated to be around 16 billion euros each year, according to a study by EY (formerly Ernst & Young) carried out on behalf of diaNEOsis research organization.
According to the EY analysis, loss of revenue...
Crime
Tax Evasion Rampant in Greek Hotels
Auditors of Greece's General Secretariat for Public Revenue found out that many hotels and owners of rooms to let have been evading taxes for years.
The audits started in June based on a list received from the Ministry of Culture,...
Greece
Greek FinMin Says Investigation of Tax Evaders on Lagarde List Going at a Snails Pace
According to data recently released by Alternative Finance Minister Tryfon Alexiadis to the Greek Parliament, sifting through the long list of tax dodgers from the so-called Lagarde list is going at an extremely slow rate. Alexiadis says under-staffing and difficulty closing cases...
Crime
Alpha TV Chief Kontominas Charged With Tax Fraud and Money-Laundering
The head of Alpha TV Dimitris Kontominas, a businessman that has also been involved in insurance, retail trade and cinema, was charged on Thursday with criminal counts of tax evasion and legalizing income from illegal activity following an investigation...
Economy
Automated Info System Is the New Greek Weapon to Fight Tax Evasion
The Greek Finance ministry has set up a new legal framework with a digital exchange of different government offices in an effort to step up its crackdown on tax evasion.
In an interview with Praktoreio 104.9 Fm radio station, Alternate...
Greece
New Democracy Chief Promises Greeks 30% Slash on Property Tax
New Democracy chief Kyriakos Mitsotakis on Thursday pledged that he will slash the single property tax (ENFIA) by 30 percent within two years if his party comes to power.
Mitsotakis gave an interview on SKAI television, one of the two...
Economy
Greeks Paid €1 Bln More in Taxes in June, Government Says 'We Empathize With People'
Greeks paid one billion euros more in taxes in June compared to last year, but the additional state revenues come from new taxes and not from tax evaders.
The figures come from a General Secretariat for Public Revenue report and...
Economy
Greeks Owning Credit Cards are 60% Less than Before Economic Crisis
The poor creditworthiness of most Greek citizens puts on hold the finance ministry's plans to give incentives for the use of credit cards as part of the campaign to fight tax evasion.
Despite the increase in the use of plastic...
Business
Greek Authorities Freeze SKAI Media Owner's Assets
Greek authorities on Wednesday proceeded with freezing the assets of businessman Yiannis Alafouzos, following tax audits that showed 50 million euros that were not justified.
Alafouzos is a ship owner and also owns Skai television, SKAI radio and the newspaper Kathimerini....