Over half of island businesses dodge taxes, says SDOE
Over half of businesses in popular tourist spots dodge paying their taxes, the financial crimes squad (SDOE) said in a report on Tuesday, following a series of inspection raids across the country.
SDOE reported that from July 6 to August 19, its officers inspected 4,067 businesses and found 55.7 percent to be in breach of taxation laws, writing up 2,266 establishments for a variety of violations, led by failure to issue receipts.
In the same period last year, SDOE conducted 2,864 checks and found a slightly lower 53 percent of businesses to be dodging their taxes.
The highest number of tax dodgers were discovered on the popular islands of Naxos (73.9 percent), Santorini (68.4 percent), Myconos (64.5 percent), and Paros and Antiparos (63.7 percent).
