Independent Authority

Influencers, popular websites come under tax scrutiny

The intense social media activity of certain popular influencers has led the Independent Authority for Public Revenue (AADE) to inspect those who directly or indirectly advertise products. The focus is on whether the income they earn from advertising products on Instagram, TikTok and Facebook is declared in their tax returns. 

Most debt plan applications are rejected

Eight out of 10 applications submitted under the new 36- to 72-installment arrangement are rejected by the electronic system of the tax administration, as those interested in joining it usually do not meet the terms and conditions. The biggest problem they face concerns the condition of not having any unregulated debts before November 2021.

More than 1 mln property owners exempt from ENFIA

Over a million property owners will be exempted from paying the Single Property Tax (ENFIA) this year, either because of low income and assets or because they live in areas affected by natural catastrophes.

An analysis of data from the Independent Authority for Public Revenue (AADE) also shows that compared to 2018, there are 171,703 fewer people that will need to pay ENFIA in 2023.

Property transactions probed

The increase of the tax-free threshold for parental concessions and donations to 800,000 euros each and for property transfers, many of which are carried out in cash, have activated the monitoring mechanism of the Independent Authority for Public Revenue (AADE), which will root out violations of tax legislation.

Major decline in state debtors

The use of electronic transactions, the reduction of taxes as well as the favorable repayment arrangements (72 and 120 installments) have led to the reduction of state debtors by some 400,000 compared to 2018, according to the data of the Independent Authority for Public Revenue (AADE).

Platform for income tax declarations has opened

The platform for submitting the 2023 income tax forms has opened, the Independent Authority for Public Revenue (AADE) said on Friday. 

The deadline for filing Greek income (for the 2022 calendar year) is June 30. For those owing tax, the first installment will be due at the end of July 2023 and the last on February 29, 2024 (eight installments).