SDOE Battles Against Tax Evasion and The Para economy

 (credit: Wikipedia)

In the framework of finally cracking down on tax evasion and the para economy, Greece's Economic Crime Squad (SDOE) said in a statement earlier this week that it has called for the opening of approximately 6,000 bank accounts in relation to investigations on tax evasion, corruption, illegal accumulation of wealth and money laundering. The statement said that this is being conducted in the framework of checks that SDOE is carrying out to handle tax evasion and the para economy.

At present, the Greek Economic Crime Squad is presently investigating a further 9,620 cases regarding tax evasion, unjustified local government expenditures, illegal management of public money, discrepancies between tax statements and deposits or export of capital and administrative contributions. The good news is that the investigation has resulted in over 1,039 prosecutor summons.

In its announcement earlier this week, SDOE also publicised its results on extensive checks in the market, tollgates and the ports of the country, winter destinations, entertainment centres, cafeterias and restaurants carried out during the Christmas and New Year's holidays. The intensity of the checks, amounting to roughly 3,262, it said, contributed to the rate of violations being kept at low levels. The rate of violations did not exceeding five percent, as retail trade businesses issued the retail sale receipts anticipated by the law.