One-Third of Greek Tourism Businesses Found Guilty of Tax Evasion

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Mykonos Greece Windmills Data amusement that 33.73% of businesses audited successful high-risk, tourism-related sectors showed violations. Credit: Greek Reporter

The Independent Authority for Public Revenue (AADE) successful Greece has released information connected its anti-tax evasion audits conducted betwixt May and September, with a circumstantial absorption connected Greece’s fashionable summertime destinations.

The AADE reported that 33.73% of businesses audited successful high-risk, tourism-related sectors showed violations. Notably, 41% of each audits were concentrated successful the tourism sector, including restaurants, bars, hotels, and akin accommodations.

Regions with the highest taxation evasion rates

The audits revealed that taxation compliance was worst successful the Peloponnese, wherever the Corinthia prefecture recorded a usurpation complaint of 54.02%. Other regions with precocious rates included Central Greece, wherever Evia reached 47.44%; Western Greece, with Ilia astatine 47.22%; Crete, with Chania astatine 43.83%; and the South Aegean islands, with the Dodecanese astatine 39.72%.

Conversely, usurpation rates remained comparatively debased successful the North Aegean, Eastern Macedonia & Thrace, and Western Macedonia.

AADE inspectors imposed fines and ordered closures of 48 hours oregon much connected 300 businesses, with the bulk (69%) operating successful the food work assemblage and formation amenities (umbrellas and seats).

Furthermore, 202 cases of businesses failing to link their POS terminals to currency registers were identified, starring to fines totaling €2,590,500. These operations included targeted efforts specified arsenic the “I’ll instrumentality you connected a Cruise” operation, which focused connected day-trip boats successful Santorini, Kos, and different islands.

Case examples of large violations

Penalties were important crossed the country, peculiarly for repetition offenders:

In Heraklion, Crete, a edifice was fined and closed for 4 days for failing to transmit 18,515 receipts worthy €275,000.

In Paros, a woodworking concern received a good of €33,360.85 and a 2-day closure for not transmitting receipts worthy €111,000 and failing to link its POS device.

In Gytheio, Laconia, a supermarket received a good and a 48-hour closure for omitting 5,409 documents worthy €101,000.

In Mykonos, an creation store that had evaded implicit €26,000 successful VAT connected income totaling €107,000 implicit 2 years was fined and closed for 2 days. Separately, an Italian edifice successful Mykonos received a 48-hour closure for failing to contented a azygous receipt worthy €28,000.

High-profile closures besides occurred successful large tourism spots. Two fashionable formation bars successful Santorini were closed for 2 days for tiny amounts of unissued receipts (€1,644 and €1,141, respectively).

In Samos, a edifice received the harshest penalty—a 96-hour closure—due to accrued sanctions for being a repetition offender.

Tax evasion was often recovered successful formation amenity businesses, resulting successful 48-hour closures crossed fashionable beaches successful Chania, Rhodes, Syros, Sifnos, and Poros for unissued receipts totaling implicit €10,000.

Additionally, idiosyncratic work businesses, including hairsbreadth salons and quality services successful Athens, Thessaloniki, Patras, and galore Aegean islands, were sealed for 2 days for failing to contented receipts valued astatine implicit €55,000 combined.

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