Independent Authority

Property transactions probed

The increase of the tax-free threshold for parental concessions and donations to 800,000 euros each and for property transfers, many of which are carried out in cash, have activated the monitoring mechanism of the Independent Authority for Public Revenue (AADE), which will root out violations of tax legislation.

Major decline in state debtors

The use of electronic transactions, the reduction of taxes as well as the favorable repayment arrangements (72 and 120 installments) have led to the reduction of state debtors by some 400,000 compared to 2018, according to the data of the Independent Authority for Public Revenue (AADE).

Platform for income tax declarations has opened

The platform for submitting the 2023 income tax forms has opened, the Independent Authority for Public Revenue (AADE) said on Friday. 

The deadline for filing Greek income (for the 2022 calendar year) is June 30. For those owing tax, the first installment will be due at the end of July 2023 and the last on February 29, 2024 (eight installments). 

POS link with cash registers

The Finance Ministry and the Independent Authority for Public Revenue (AADE) on Thursday announced the interconnection of cash registers and tax mechanisms with card readers (POS) from June 2023. In a period of six months after the elections, POS are expected to be installed everywhere - i.e. in every business.

Digital taxman is on the way

After 26 years of the electronic systems Taxis (tax system) and Taxisnet (applications for citizens), the government and the Independent Authority for Public Revenue (AADE) are proceeding with changes, with the aim of taking the tax office into a new era, covering and supporting complex inspections technologically and operationally.

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