NEWS

It was reported that during 63 inspections carried out over the past days, Greek authorities encountered 33 violations and 39 offenders, while delinquency rate exceeded 50%.

Inspectors involved in the audits indicated that new methods are being implemented in order to conceal tax evasion. Several business owners are tapping into their cash registers in order to make their daily turnover appear lower than it really is, while also making it appear as if the business has issued the right amount of receipts. This decreases VAT revenue for the state, while authorities are not able to detect any form of tax evasion.

If receipt doesn’t contain verifiable signature committing a fraud is very simple, for example: POS software can be connected to more than one printer mechanism.

The start of the summer season for taxpayers in Croatia always means business with highest turnover and a lot of work. Some of them are also trying real hard to avoid paying taxes and this calls for higher engagement of the tax inspectors who are moving around Adriatic coast every summer, especially in the time of big concerts and festivals.
At the beginning of this year’s session, Tax Police published information of the inspections conducted in the period between June 15-30. Inspectors visited 625 taxpayers, and in 24% of the examined cases found irregularities on the basis of the current Fiscal Law. Some 7% of examined taxpayers were sanctioned by temporary cessation of their business activities due to the failure to issue fiscal receipts and failure to make payments of declared tax in the prescribed time.