Laws, Regulations & Policy Popular Greece Tourist Spots on Taxman’s Agenda by GTP editing team 12 June 2017 written by GTP editing team 12 June 2017 0 comments Share 0FacebookTwitterLinkedinWhatsappEmail 4 © Maria Theofanopoulou Businesses, including beach bars, cafes, restaurants, hotels and entertainment venues, at popular Greek tourist destinations have come under the scrutiny of tax officials who are on the lookout for tax evaders. According to data released by the General Secretariat of Public Revenue, tax evasion came to 70 percent during the three-day weekend earlier this month, following surprise inspections. The general secretariat has boosted checks and its staff in efforts to clamp down on rampant tax evasion, particularly in view of the fact that VAT revenue has deviated greatly from the set target. Tax authorities said they would be conducting some 9,000 on-the-spot checks particularly in high tourism areas. Tax evasion was found to be widespread in the Cyclades with major violations in terms of issue of receipts and insurance contributions. Meanwhile, according to a relevant law, auditors can shut down violators for 48 hours, with repeat violations leading to long-term closure. Hotels will not be closed down but fined between 1,000 and 5,000 euros. Follow GTP Headlines on Google News to keep up to date with all the latest on tourism and travel in Greece. Share 0 FacebookTwitterLinkedinWhatsappEmail GTP editing team This is the team byline for GTP. The copyrights for these articles are owned by GTP. They may not be redistributed without the permission of the owner. previous post Greece Included in EU’s IdEATE Project for Tourism Training next post Greece’s Investor Visa Pays Off, Boosts State Coffers by €1bn You may also like Greece’s Hotel Market Sees Major Investments Over Four Months 5 February 2025 Greek Tourism Ministry Monitors Santorini Situation as Seismic Activity Continues 5 February 2025 Global Air Passenger Demand Reaches Record High in 2024, IATA Reports 5 February 2025 Greek PM Reassures Public About Santorini’s Ongoing Seismic Activity 5 February 2025 Milos: Ministry Suspends 5-star Hotel Construction Near Sarakiniko Beach 5 February 2025 ELIME and HELMEPA Join Forces for Safer, More Sustainable Greek Ports 5 February 2025 Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment. Δ