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Record Rates of Tax Evasion on Greek Islands

Extremely high rates of tax evasion were uncovered by the Greek financial crimes squad SDOE during inspections carried out on islands and other summer resorts, the finance ministry revealed as reported by Athens News Agency.
Figures released by the ministry, concerning inspections carried out from July 6-23, revealed that six out of every 10 businesses inspected were guilty of evading taxes, with 805 tax violations discovered in a total of 1,410 inspections of shops and other businesses (approximately 57%).
Tax evasion rates as high as 100% were recorded in resorts on the islands of Zakynthos and Lefkada, in Rethymno on Crete and in Kastoria.
Other areas on Crete also recorded very high rates of tax evasion, reaching 87% in Hania and 78% in Iraklio, followed by Santorini (83%), Corfu (75%), Naxos (73%) and Mykonos (68.5%).

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