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Greece, Bulgaria to Swap Tax Evasion Info

One of the major issues plaguing the Greek state for decades, tax evasion, was the subject of talks between the revenue heads of Greece and Bulgaria in Sofia on Monday, according to an Independent Balkan News Agency report. The Greek...

Overnight Stay Tax Controversy within the Greek Hospitality Sector

  The Greek Ministry of Tourism has implemented the Overnight Stay Tax as from January 1st, 2018; being its main purpose to drive revenues while reducing the national debt. The Overnight Stay Tax implies an extra fee that adds to the...

Greece Prepares Online Platform for 'Airbnb Tax'

Greece is cracking down on undeclared income of owners leasing residential lodgings on a short-term basis. Tax authorities are creating an online platform where Airbnb lodged properties should be declared, or face a hefty fine. According to a report in Naftemporiki,...

Mitsotakis Stresses Need to Support Businesses with Fiscal Incentives

Main opposition New Democracy leader Kyriakos Mitsotakis on Sunday during his speech to a conference on workers and the unemployed stressed the need to support businesses with fiscal incentives and reduction of non-wage costs. His statements followed the speeches of...

Tax Inspectors Offered Self-Defense Courses to Deal with Angry Greeks

Following a series of incidents last summer where tax inspectors were victims of assault by angry businessmen, the Independent Authority for Public Revenue (AADE) decided to offer free self-defense classes to its employees. The free self-defense and physical training courses...

Lefkas Shop Owner Attacks Tax Inspectors with Pancake Mix, then Flees

In yet another attack on inspectors from the Independent Authority for Public Revenues (AADE), a shop keeper on the island of Lefkas on Saturday doused inspectors attempting to visit his business with pancake mix and then fled the scene,...

Greece Seizes 900 Accounts per Day Over Rocketing Tax Debts

Taxpayers’ arrears to the state rocketed by 5.47 billion euros in the first half of 2017, as Greeks are unable to meet their tax obligations. At the same time, the authorities freeze or seize about 900 bank accounts on a...

European Commission Examining Third-Party Levies on Computers and Tablets in Greece

The bailout agreement in Greece declares that all third-party levies in the country will be reduced until finally abolished completely leading the European Commission to begin looking into the 2 percent levy the government continues to impose on computers and tablets...

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 was addressing a conference of the Independent Public Revenues Authority on the dispute resolution and...

Finance Ministry Mulling Ways to Stop 'Fiddling' of Cash Register Records

The finance ministry is currently scouting out mechanisms that will prevent aspiring tax evaders from erasing records of sales from their cash registers at the end of the day, Greek Deputy Finance Minister Katerina Papanatsiou revealed on Sunday. This was...