Independent Authority

Tax authorities to boost checks on small debtors

In a bid to close in on some 3.8 million taxpayers who owe an estimated total of 95 billion euros in overdue debts to the Greek state, the Independent Authority for Public Revenue is to intensify inspections on all those whose arrears exceed 500 euros, accessing their bank accounts and Land Register details.

Short-term lease takings to be taxed as normal rental incomes

Owners leasing their properties via short-term rental platforms such as Airbnb and HomeAway will have their earnings taxed at the same rates as regular rental incomes and without having to pay value-added tax, according to a circular released by the Independent Authority for Public Revenue.