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Three Months for Greek Tourism Businesses to Install POS Devices

Hotels, travel agencies and car hire businesses across Greece, have three months time to install POS (point-of-sale) devices enabling customers to pay by credit card or face penalties.
Posted On 20 Apr 2017

Greece Taxmen to Snoop through Social Media for Clues of Fraud

Greece’s tax inspectors my soon be probing social media accounts in efforts to track down tax evaders and untrustworthy tax payers.
Posted On 22 Aug 2016

Athens Hotels See No Rise in Q1 Occupancy Levels, Urge Crackdown on Unlicensed Accommodation

Hotels in Athens saw no increase in occupancy in the first quarter of the year despite a growth of 6.1 percent in arrivals to the Greek capital during the same period, the Athens-Attica & Argosaronic Hotel Association said on Thursday.
Posted On 19 May 2016

The ‘Sharing Economy’ in Tourism Deprives Greece of Millions of Euros

The Greek economy misses out on taxes adding up to 350 million euros per year due to the operation of illegal tourism accommodation, according to a study presented on Thursday by the Hellenic Chamber of Hotels.
Posted On 08 Oct 2015

Tax Fraud Activity Uncovered at Greek Archaeological Site

A tax fraud inquiry was recently ordered by the Greek government at the souvenir shop at the Archeological Site of Knossos on Crete.
Posted On 10 Aug 2015

Study: Lower VAT Can Tackle Tax Evasion, Boost Competitiveness

The reduction of value-added-tax (VAT) can reduce tax evasion and improve competitiveness, according to a study that contains data following a VAT rate reduction in the Greek restaurant industry in August 2013.
Posted On 03 Jun 2015
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Greek Authorities Target Luxury Island Villas For Tax Evasion

Greece's Financial Crime Squad (SDOE) has revealed that owners of some 500 luxury homes on popular islands are leasing their property via the Internet without declaring income to tax authorities.
Posted On 09 Sep 2013
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Greek Government Gives Incentive To Restaurants To Drop Prices

The price of wining and dining out in Greece is expected to fall as the value added tax (VAT) reduction in the food service sector from 23 percent to 13 percent comes into effect on 1 August.
Posted On 26 Jul 2013
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SETE Suggests Penalties On Businesses That Fail To Issue Receipts

The Association of Greek Tourism Enterprises (SETE) made it clear on 19 July that it is determined for the recently announced VAT cut in the food service sector to become a permanent measure so it will boost the country's tourism sector.
Posted On 19 Jul 2013
Olga Kefalogianni
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Kefalogianni Calls On Professionals To Cooperate So VAT Cut Becomes Permanent

“The VAT reduction is important for tourism because it strengthens our competitiveness, especially in a period when competitiveness is the main issue,” Greek Tourism Minister Olga Kefalogianni told the press on 17 July in regards to the recent reduction of the VAT rate in the...
Posted On 17 Jul 2013
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UPDATE: Greek PM Announces VAT Reduction In Food Service Sector

Greek Prime Minister Antonis Samaras announced on Wednesday 17 July that the VAT imposed on restaurants, hotel restaurants, cafeterias and bars will be reduced from 23 percent to 13 percent as of 1 August 2013.
Posted On 17 Jul 2013
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HATTA Warns Consumers Of Possible “Pyramid Scheme” Scam

The Hellenic Association of Travel and Tourist Agencies (HATTA) is warning consumers of a possible "pyramid scheme" scam.
Posted On 27 Jun 2013