In the “lens” of tax evasion are a well-known artist and catering entrepreneurs

An artist and his associates were caught in AADE 'tweezers' in Mykonos while tax evasion was taking place.

As AADE discovered by conducting a tax evasion audit, those audited had their hands in their business's cash register, but forgot to declare these funds to the tax office.

The reason is the three shareholders of a real estate holding company in Mykonos. This is a company that rents villas and properties in a well-known club on the island.

Its shareholders are a well-known artist and two businessmen who are active in the catering business in Attica.

The algorithm led auditors of the Independent Public Revenue Authority to the income of the three shareholders, where they found significant tax evasion violations.

Specifically, they found that, in 2020 and 2021, the three people received large sums of money from the company, without declaring them (and without paying the corresponding tax).

In more detail, for 2020, the relevant tax amounts, plus statutory surcharges, are the following:

• 261 thousand euros for the artist
• 268,000 euros for a single businessman
• €162,000 to the third party.

For 2021, the taxes with surcharges respectively amount to EUR 115,000 for each of the first shareholders and EUR 82,000 for the third shareholder.

That is, the artist is required to pay 376 thousand euros, one businessman 383 thousand euros and the other 244 thousand euros.

The total amount is more than one million euros.

AADE auditors have already begun and are reviewing the three shareholders' overall tax data – i.e. their movements as well as their involvement in the Mykonos company – while criminal penalties are also expected for the above-mentioned tax evasion crimes.