Tax accounting

On the battle against tax evasion on the occasion of the audit of a party at a villa in Mykonos, the tax returns and the reactions of taxi drivers to the interconnection with POS spoke to ERT, Giorgos Pitsilis.

Regarding the private tax evasion party identified by the ADEA, Pitsilis said it was a “private party in which no tax legality was observed”.

A retiree was informed that his tax return (as he had chosen) had automatically been filed and that he would have to pay income tax of €9,809, an amount apparently not attributable to his income. What had happened? Because of purchases he made last year he got caught in the tax pinch, he left the pre-filled return to be filed and when he saw the statement he couldn’t believe his eyes.

The government is planning incentives for taxpayers who are consistent in their tax obligations and those who have included their arrears in debt settlement and repay them without delay. These bonuses are expected to be activated from 2025.

Tens of millions of euros related to value-added tax refunds remain unclaimed from the tax authorities. According to information, the traces of the beneficiaries have been lost by the tax office and none of them has come forward to inquire about them.

Tourists visiting Turkey made more shopping in the first seven months of 2019, compared to the same period last year, according to a shopping tax refund firm's Turkey branch.

Greece's Independent Authority for Public Revenue (IAPR) is reportedly planning to send thousands of notices to taxpayers who amended their initial tax declarations and managed to either significantly reduce their due tax or to secure large tax refunds due to suspicion of widespread tax fraud.