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Authorities Suspend Business Licenses on Mykonos and Paros for Tax Evasion
Tax authorities suspended the licenses of businesses across Greece after audits showed blatant cases of tax evasion, reported the Athens News Agency.
On Mykonos, authorities...
Ionian Islands ‘Champions’ in Tax Evasion
Official statistics show that the Ionian islands of Corfu, Zakynthos and Kefalonia have earned the rather unflattering title of tax-evasion champions.
Figures from the Independent...
High Taxes Cause Drop in Revenues as they Lead to Tax Evasion
The data breakdown from this year's tax returns so far confirm what Greece's finance ministry officials were afraid all along: Declared income from freelancers...
Financial Police Raids at Popular Tourist Resorts Reveal Rampant Tax Evasion, Other Offenses
Financial police inspectors found delinquency rates ranging from 50-100% during raids on major tourist resorts in Greece over the last month, including the cosmopolitan...
Police Shut Bars, Restaurants on Greek Islands for Tax Evasion
At least three businesses were forced to suspend operations for at least 48 hours due to tax irregularities in popular tourist destinations.
Officers of the...
Greek American Manchester, NH Alderman Arrested for Tax Evasion
Manchester, New Hampshire Ward 8 Alderman and representative Thomas Katsiantonis was arrested for tax evasion and forgery on Saturday, according to the National Herald.
The...
FinMin Tsakalotos Stresses Need to Combat Tax Evasion
Finance Minister Euclid Tsakalotos on Monday stressed the need to combat tax evasion in order to increase tax revenues and reduce tax rates. Tsakalotos...
Study: Greek State Loses Up To €16 Bln per Year From Tax Evasion
The Greek State loses up to 16 billion euros per year, or 32 percent of annual revenue, from tax evasion, a new study shows.
The...
Private Employees Union: Vouchers and Prepaid Cards in Lieu of Pay a Form of Tax Evasion
The Federation of Private Employees of Greece (OIYE) on Monday condemned the practice of offering employees gift vouchers for use in supermarkets and diners,...
Economic Prosecutor Launches Full Audit of Novartis Over Possible Tax Evasion
Economic prosecutor Panagiotis Athanasiou requested on Tuesday a full audit into the economic and tax reports of Swiss drug maker Novartis’ offices in Greece,...