Limiting tax evasion has been the goal of all governments, past and present. In the last few years, however, some positive steps have been made toward this goal in Greece, based on calculations carried out by the European Commission and government estimates.
The VAT gap in Greece was 23.4% in 2019, according to Commission figures, falling to 19.7% a year later and is estimated to be roughly 15% currently.
The ministry aims to bring this VAT gap down further, converging with the European average of 9%, which means an additional €2 billion euros in public revenue per year.
Source: www.ekathimerini.com
Latest Posts in "Greece"
- myDATA: New Data Transmission Requirements for Heating Oil Subsidy Suppliers
- Government Announces Significant VAT Reduction for Border Islands Starting January 2026
- Greece Implements EU Small Business VAT Scheme with EUR 10,000 Threshold
- Greek Finance Minister Addresses Tobacco Tax, Savings Union, and Stablecoins at EU Meetings
- Greece Introduces Mandatory Electronic Invoicing for Businesses Starting February 2026