Greek Tax Squads Set for Audits at Tourist Enterprises
Hotels, yachts, gas stations and all tourism-related businesses will go under scrutiny as special tax squads launch on-the-spot audits across Greece, ahead of the tourism season, Greece’s Independent Authority for Public Revenue (AADE) announced this week as part of its Operational Plan for 2018.
AADE said it would initially carry out tax inspections at specified businesses with emphasis on those related to tourism and on those with repeated violations. The AADE said that over 500 probes will be carried out on accommodation facilities in order to ensure the new stayover tax is being declared.
An additional 1,070 audits have been planned following public prosecutors’ orders, 3,000 checks to verify capital tax obligations, 70,000 on-the-spot checks by tax authorities while 59 percent of indebted homeowners will see their properties going under the hammer in highly-debated auctions.
The AADE’s Operational Plan for 2018 also foresees the launch of an application which will monitor short-term property leases (Airbnb-style).