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Greece's tax bureau late this week announced stepped up inspections in popular tourist destinations on the islands and mainland, all aimed to stamp out rampant tax evasion and avoidance, with several of the more egregious instances posted on its website. Cash registers, POS terminals and correlating data with the myData platform were the primary "target" of inspectors to detect undeclared revenue and VAT avoidance. Some of the instances cited by the tax bureau, officially known as the Independent Authority for Public Revenue (IAPR) or AADE, included a popular art shop on the jet-setting island of Mykonos, which was accused of failing to issue receipts in 2021 and 2022 worth roughly 107,000 euros, as well as failure to pay 26,000 euros in VAT remittances. A fine of 13,000 euros was imposed and the shop was ordered closed for two days. Still on Mykonos, an Italian food restaurant is accused of failing to declare sales of 28,000 euros...

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Greece's tax bureau late this week announced stepped up inspections in popular tourist destinations on the islands and mainland, all aimed to stamp out rampant tax evasion and avoidance, with several of the more egregious instances posted on its website. Cash registers, POS terminals and correlating data with the myData platform were the primary "target" of...

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