AADE

Greece's tax authority has compiled a guide addressing the most common questions regarding the transfer tax exemption for first-time home purchases.

Despite innovative technologies boosting Greece's tax revenues, tax rates remain unchanged, and citizens continue to bear the burden

Audit teams use advanced algorithms and risk analysis to conduct lifestyle audits and identify taxpayers suspected of concealing undeclared income.

So far, 580,955 professionals and small businesses have registered for the free app ‘timologio’, an electronic invoice system, to issue their documents, which will now also be available as a mobile app.

Independent revenue authority (AADE) Gov. George Pitsilis addresses OECD summit, cites reduction in lost VAT remittances from almost 30% in 2017 to 13.7% by 2022

Non-compliance carries severe penalties, with violators faced with a fine equal to 10% of the unverified transaction amount.

Using data from the Cadaster, the Authority will cross-check information with tax returns and Form E9 to identify taxpayers who have not declared their swimming pools.

The new era for Greece’s tax authority includes smart technologies including AI that will help simplify procedures and audits.

He also stressed that his government is in an ongoing “fight” against tax evasion, emphasizing that “As tax evasion decreases, we will proceed with further tax reductions.

As Greeks continue to struggle to find affordable and suitable housing, Greece's tax authority is taking steps to determine the true scale of vacant properties that could become available on the market through the creation of a digital property file.

With net profits typically amounting to just one-third or even one-quarter of turnover, thousands of freelancers reported poverty-level incomes or even losses

What is more, the newly established electronic tools will facilitate the audit work of the Independent Authority for Public Revenue (AADE) to curb tax evasion.

Greece's tax authority AADE will be focusing on private vehicles, professionals, and businesses as it steps-up its attempts to combat tax evasion

The latest sweep by Greece’s tax bureau, this time targeting the e-commerce sector in the first half of the year, reportedly identified 52 online violators

The new digital system targets the submission and management of Transit Logs for private pleasure yachts over 7 meters in length arriving at Greek ports.

Greece's tax authority has been using the help of digital technologies since the start of the year to identify potential cases of tax evasion and readies itself to dole out fines and surcharges

H&M, the multinational clothing retailer, launched its first store in 2007 in central Athens, and currently operates more than 35 outlets 14 cities in the country

Some other related fines in the pipeline, such as those for decommissioned vehicles found to be in circulation, are as steep as 10,000 euros

Penalties for uninsured vehicles range from 250 euros for motorcycles to 1,000 euros for buses and commercial trucks.

Once the verification is complete and conditions are met, the system will approve the definitive cessation of operations.