Independent Authority

The property status form (E9) of taxpayers will be automatically updated after the sale or purchase of a property. The Independent Authority for Public Revenue (AADE) has automated the processes and the E9 form will now be digitally updated for property sellers and buyers. 

About 70% of total overdue debts to the tax authorities comes from businesses, according to the Independent Authority for Public Revenue (AADE) data analyzed by the Parliament Budget Office.

Home sales are on track for a figure approaching 170,000 this year, meaning they will record the highest volume of sales since the late 2000s.

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. 

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.

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.

The Independent Authority for Public Revenue (AADE) announced on Friday that it has identified tax evasion in excess of 1 million euros from a short-term real estate rental platform on the island of Mykonos.

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.

The Independent Authority for Public Revenue (AADE) is responding to tax evasion with artificial intelligence and with special inspection crews for businesses that show high activity but not the corresponding revenues.

The electronic platform of the Independent Authority for Public Revenue (AADE) opened on Friday for the new extraordinary arrangement with 36 to 72 tranches for tax debts that arose after November 1, 2021, but also for the revival of the old 36-, 72- or 120-installment arrangements.