Calamos Supports Greece

tax evasion

Greek Police Crack Down Credit Card Scam

Hellenic Police have arrested 24 people over a scam involving wireless credit card terminals registered abroad, used to dodge capital controls and transfer money abroad. A company based in Luxembourg supplied Greek businesses with special wireless point-of-sale (POS) terminals that...

Authorities Urge Greeks to Aid In the Capture of Tax Evaders

Authorities in Greece have doubled their efforts to catch tax evaders over the last year. The Greek Finance Ministry’s General Secretariat for Public Revenue has issued an official statement asking citizens to help combat tax evasion by exercising their...

Greek Professionals Subject to Declare All Assets to Tax Office

Hundreds of thousands of Greek professionals, doctors, lawmakers, civil servants, journalists, judges and others are subject to declare all their assets as of October 1, according to a new bill. The people who will be asked to declare all assets...

Greek Tax Authorities Raid Home of Former UBS Local Bank Boss

Greek authorities have raided the home of a former local boss of UBS investment bank as part of an extensive investigation into suspected tax evasion. Hellenic Police raided the home of Christos Sclavounis in Athens and took away computers, documents and...

Popular Greek Singer Performs for the Rich on Mykonos

Singer Antonis Remos is probably the biggest name in Greek show business. On July 28 he will perform at an exclusive club/restaurant on Mykonos with attendance prices starting at 500 euros. What started as minor controversy is the timing of...

New Greek Bill Takes Burden Off Tax Evaders

A draft tax bill clause that was submitted to Greek Parliament on Wednesday extends an invitation to tax evaders to return to the taxpaying system on beneficial terms. The new legislation had been chartered by the government in August...

Chinese Woman on the Island of Rhodes Jumps into the Sea to Avoid Tax Fees

On Friday as a Chinese native was making her rounds on the beaches of Rhodes offering massages for illegal tax-free pay, tax agency members showed up at Tsambika beach. As soon as the woman spotted them she reportedly jumped into...

Greek State to Tax Voluntarily Disclosed Hidden Income Higher than 50%

The Greek economic team is close to a plan that would tax voluntarily disclosed hidden income more than 50%, without the accord of creditors so far. According to a Kathimerini newspaper report, in Thursday's cabinet meeting on economic policy the...

Greek Officials go to Germany to Train for Battling Tax Evasion, Corruption, Contraband

A mission of 25 top officials from the Ministry of Finance, the General Secretariat Against Corruption and the Special Secretariat for Financial and Economic Crime Unit (SDOE) are leaving for Germany on July 10 for special training and exchange of...

Greek State Aims to Raise €5 Billion from Confiscations and Auctions

The Greek government is to proceed with confiscations of bank accounts and real estate for about 55% of debtors to the state aiming to raise 5 billion euros. The ministries of finance and labor and their respective collecting agencies turn...