Greek tax evasion

The Finance Ministry has given individuals and firms until May 31, 2017 to come clean about incomplete tax declarations. There is a new draft law which provides for a lower tax and fine if people with undisclosed income come forward...

A new electronic system will track bank deposits as far back as the last 15 years and help fight tax evasion by wealthy Greeks, Deputy Finance Minister Nadia Valavani told Sunday's "Avgi" newspaper. Valavani also said that cash registers will...

More tax evasion scams uncovered in Greece...... The Financial Crime Squad of Greece, known as SDOE, has revealed 38 cases of remittances worth over 5 million euros each and another 15 cases of remittances worth more than 1 million euros...

Prosecutors investigating a list of 2,602 Greeks with 1.5 billion euros ($1.95 billion) in secret Swiss bank accounts have reportedly found that 90 percent of them are tax cheats. The ongoing probe by financial prosecutors, Panagiotis Athanasiou and Galinos Mpris...

Greece's financial police on Friday said they had arrested the owner of an Aspropyrgos-based recycling company and his daughter on charges of dodging tax among other fraud, at an estimated cost to the Greek state of around two million euros. The company had undertaken contracts for the...

An article was published in the German newspaper Bild entitled “The Greeks are richer than us,” in which a journalist justifies his opinion explaining various reasons of how he has developed this opinion. “The figures are official. The average wealth...

Greek Reporter spoke to a few people who have cheated the system, in order to get an understanding of why some Greeks don't pay taxes. Most of them say, that the tax system is so unfair, they would not...

Trying to find innovative ways to fight tax evasion, Greece's General Secretariat for Information Systems has completed an application that will allow the state’s monitoring and collection mechanism to access the country’s banking system via an online connection and...

Under intense pressure from international lenders to go after tax cheats costing the country $70 billion but failing to make a single major prosecution, Greece is turning to 42-year-old techno wizz to replace manual records with a computerized, cross-referenced...

The harsh economic crisis in the Eurozone has prompted the spreading of statistical data from the crisis-plagued countries, which are reflective of controversial social phenomena and economic circumstances. According to an extensive BBC report on crisis-rumors concerning Greece, Italy and...