The Independent Authority for Public Revenue (AADE) in Greece has detailed its accomplishments in 2024, highlighting advances in digital transformation, tax compliance, and organizational reform. The report indicates a significant increase in tax revenue and a reduction in VAT gaps,…
The Independent Authority for Public Revenue (AADE) in Greece has launched its Strategic Plan for 2025-2029, aiming for enhanced efficiency in tax collection and administration. Key goals include automated tax refunds within 30 days, digital request completion within 24 hours,…
The Greek tax authority has intensified its scrutiny of social media influencers who fail to declare income from promotions and advertising. Utilizing modern artificial intelligence techniques, the tax office’s social media team is conducting rigorous checks that can probe past…
Greek insurance companies have a 15-day window to submit data to the Independent Authority for Public Revenue (AADE) for calculating a 20% discount on the ENFIA property tax for 2025. The submission must include details such as VAT number, policy…
The Independent Authority for Public Revenue in Greece, led by George Pitsilis, has announced immediate measures to correct computational and numerical errors affecting taxpayers since 2014. A new directive simplifies the process for taxpayers to request corrections or enables automatic…
The Independent Authority for Public Revenue (AADE) held its annual mega tax lottery, distributing €100,000 to 12 lucky winners, selected from monthly lottery entries throughout 2024. Prizes are tax-free and will be deposited directly into the winners’ designated payment accounts….
Greece’s Independent Authority for Public Revenue (AADE) will introduce an automated system for imposing VAT penalties, effective from the start of the new year. Penalties of €250 to €500 will be automatically applied when VAT declarations are submitted late, significantly…
A coordinated operation by Greek authorities led to the dismantling of an alcohol smuggling network operating through fictitious businesses in Albania and Austria. Twelve individuals were arrested, and large quantities of untaxed alcoholic beverages were seized, including 43,000 bottles and…
Greece’s Independent Authority for Public Revenue (AADE) has activated a new Taxpayer Registration System for the 2025 tax returns, requiring all public entities to register by January 15. Failure to do so will incur fines up to €2,500, increasing daily….
The new tax law in Greece, effective from 2025, establishes strict deadlines and tiered tax discounts for timely submissions of tax returns. Key changes include mandatory pre-filled declarations for 1.3 million taxpayers, heavy penalties for delayed data submissions to the…
Greek taxpayers can now check the results of the tax lottery through the AADE website. The monthly draws will award cash prizes, including €50,000 to one winner, €20,000 to five winners, and €1,000 to 500 winners, among others. The lottery…
Greece’s Independent Authority for Public Revenue (AADE) has initiated the automatic issuance of Tax Identification Numbers (AFM) for minors aged 12 and below, starting November 11. This move is expected to benefit approximately 700,000 children, easing administrative burdens for families….
