Tax inspectors seize Swiss-based POS terminals on Myconos

A large-scale operation to halt tax evasion on Myconos has uncovered foreign-based card terminals in use in some stores.

Inspectors found a Swiss-based point of sale (POS) terminal in the Louis Vuitton store in the center of Myconos town, according to state news agency AMNA. Another was discovered at the prominent fashion house's shop in Nammos Village, whose Spanish employees were found to have Spanish social insurance. The two POS terminals were seized while the legality of insuring staff in other jurisdictions is being investigated.

Auditors also ordered the 48-hour closure of Kalua Mykonos on Paraga beach after they found the bar and restaurant had failed to issue sales receipts to the value of 3,500 euros, while the merchandise shop on the same premises had no sales invoices to show.

Officials also confiscated 19,000 euros in daily takings from the well-known...