AADE: “Survey” of 20 thousand taxpayers – where to look for traces of “hidden income”

Through the work of the “ant”, AADE “passes through the sieve” the tax returns of 3.8 million families declaring to the tax office a family income of up to €10,000, compares the amount of income with the cost of living as it is recorded in card spending, account transactions, etc., and collects what A total of 80 million pieces of data, it was concluded that In 20 thousand families there is a “smell” of tax evasion and concealment of income.

So reported the AADE commander George Pitselis While speaking to Realfm, the debtors will be immediately summoned for clarifications to the tax office. In fact, for those cases, after the “appointment” with the tax administration, where it is believed that sufficient explanations have not been provided, a comprehensive audit will be initiated in order to confirm the results of the audit and impose the fines provided for by law.

As Mr. Pitselis pointed out, data from bank card transactions, DEKO accounts (electricity, water, telephone) and a series of information on payment differences, which were compared with the income declared by households, were used in order to determine whether any households were suffering from this. Do not declare their real income.

After the crossings in the “scanner”, 440 thousand cases were entered, of which significant differences were detected in about 20 thousand cases, which will initially be called for explanations. “yWe go into the process of recalling them to see if what we see from the intersection is what we see or if there is something that can justify their image. The check is the next step that will verify the result of the intersectionThe AADE leader said.

For the vast majority of the 420,000 cases, the discrepancy between expenses and income was a few euros, and will be checked, if necessary, in the second year. After completing the explanation process, a list of taxpayers’ names will be prepared, which will be audited by the Tax Authority.

What did the tax office put on the “scanner”?

In detail, AADE examined:

• Through TaxisNet, the amounts of interest on deposits and repurchase agreements obtained by a natural person in the previous year, purchases of stocks and bonds, as well as the tax withheld from any transactions are known.
• Buying real estate and other investments.
• Through online transactions, he saw the turnover of purchases made in retail stores and supermarkets.
• Through bank accounts, he checked the movements of more than 100,000 euros.
• He put all the credit card movements on the “radar.”
• Amounts paid for amortizing loans with interest (housing, consumer, etc.).
• Expenses for life, death, personal accident and sickness insurance policies
• Hospital accommodation, if any, in private hospitals and tuition fees in private schools.
• Costs for fixed and mobile telephones as well as electricity and water supplies when they exceed €1,000.
• Examination of information received from foreign authorities, through International Administrative Cooperation (DAC1), on salaries, pensions, administrative fees and property income, with income tax returns submitted.
• Information from foreign authorities, through FATCA, about foreign interest and dividends with filed income tax returns.