Independent Authority

The government is proceeding with the expansion of card terminals (POS) in 35 sectors of the Greek economy from January 1, 2024.

According to the draft decision, 100% of economic activity is now covered and immediately after the passage of the tax bill, the conditions and fines for those who do not comply will be made public.

The promise of a bonus ranging from 100 to 3,000 euros for taxpayers who report evaders appears to have spurred activity on the "appodixi" application launched by the Independent Authority for Public Revenue (AADE) for tracking down bogus receipts. 

Four support measures (Youth Pass, heating allowance, fuel for farmers, and one-off pensioner aid) are being implemented between now and Christmas, supporting vulnerable social groups and young people, while another is planned for vulnerable households if budget conditions allow.

A very small percentage, often less than 10%, of fines imposed by the tax authorities are actually collected.

More than 43,000 single-owner enterprises will fall into the trap of the "presumptive income," on which they will be taxed for the year 2023 in the new manner that provides for a minimum taxable amount of 10,920 euros, which could reach up to €14,196. However, two more parameters will be activated for the above businesses: payroll and turnover.

Ramped-up inspections on businesses across the country are bringing results at the Independent Authority for Public Revenue (AADE), which issued a progress report on Tuesday outlining its performance from the start of the year until October 31.

Tax authorities are completing cross-checking on 3.8 million tax registration numbers yielding significant results about taxpayers with high gross receipts and zero profits, but that is not the end of the process: In the coming period, possibly within the month, cross checks will also begin for those who declare higher profits but there is still a big difference with their declared gross income

The road tax for 2024 were posted on the myCAR platform of the Independent Authority for Public Revenue (AADE) on Wednesday, the Authority said, adding there are no significant tax differences from last year.

A bonus of up to 3,000 euros is promised to taxpayers who identify tax dodgers by scanning receipts through the "appodixi" cellphone app and discovering that it is either not genuine or has not been forwarded to the Independent Authority for Public Revenue (AADE).

The tax administration is launching audits and cross-checking to establish the origin of 462 million euros spent on the all-cash purchase of more than 40,000 properties.