An in depth audit plan is being applied by the Impartial Public Income Authority (AADE) with the goal of cracking down on tax evasion and accumulating 1.7 billion euros by the tip of the yr.
AADE is focusing on 120,000 VAT IDs that can be put beneath management for tax evasion in actual property gross sales with money, undeclared revenue, disproportionate income-expenses, and revenue from short-term leases.
A brand new digital unit will leverage synthetic intelligence, information evaluation and insights from digital billing methods, social media and the web to detect infringements.
Of specific significance for the summer season months are the vacationer areas from the tip of Might.
Ranges of checks will concentrate on companies within the Aegean islands and common vacationer locations.
The issuing of receipts, the usage of playing cards and any “tampered” interface of money registers with POS can be checked.
Steep fines and even lock-up are foreseen for violators.
On the identical time, the AADE is launching the strengthening of checks at ports and tolls, rising the checks for any incomplete or inaccurate consignment notes.
What are audits in search of?
The audit program of AADE for 2024, with the goal of strengthening tax compliance and combating tax evasion, emphasizes the next areas:
- Compliance management of property homeowners energetic in short-term leases.
- Cross-checking declared lodge gross income with income information from their transactions with the Reserving platform
- for the tax yr 2022. The goal is to ascertain whether or not the declared quantities correspond to actuality and whether or not taxes are paid to the Greek State primarily based on these figures.
- Verify to see if they’ve a property registration quantity of their transactions.
- Figuring out suspicious transactions by way of the event of statistical methodology.
- Cross-checking of taxable outputs to determine taxpayers who filed zero VAT returns whereas working a enterprise.
- Financial institution deposit reconciliations.
- Cross-checking of incoming data from overseas authorities by way of Worldwide Administrative Cooperation (DAC1) on salaries, pensions, administrative charges and revenue from actual property, with submitted revenue tax returns.
- Cross-checking for taxpayer compliance in submitting revenue tax returns for extra earnings (retrospective earnings).
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