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German Automakers Investigated for Tax Evasion in Greece

german_automakersThe Financial and Economic Crime Unit are investigating German automakers based in Greece. The Greek tax authorities are investigating tax fraud of automakers like Mercedes, Opel, BMW.

According to the Director of Financial Crime controls, Floratou, the reason for the research is the low transfer prices of vehicles in these companies to their representatives in Greece. Meanwhile, they continue to investigate this case.

The values are the basis of a tax series, which means that the lowest prices are lower powered and government revenue from VAT and luxury tax are imposed on the value of the car factory.

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