- Greece reduced its VAT gap by 61% over six years, from 29% in 2017 to 11.4% in 2023.
- This is the largest reduction among EU member states, reflecting improved tax compliance and administration.
- Greece achieved the 6th largest annual VAT gap reduction in the EU from 2022 to 2023, while the EU average VAT gap increased.
- The country ranks among the four EU states with the lowest VAT gap due to missing trader fraud.
- Further reductions are expected, with a projected VAT gap of 9% in 2024, driven by digitalization, advanced data analytics, and increased electronic transaction checks.
Source: taxheaven.gr
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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