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AADE
Multinational did not transmit evidence
A well-known multinational chain's clothing store in Syntagma was forced to close for 48 hours by the Independent Authority for Public Revenues' auditors after they discovered that the establishment had been cutting receipts for six months without sending them in.
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Giorgos Pitsilis, Head, AADE

The auditors of the Independent Authority for Public Revenues closed for 48 hours a clothing store of a well-known multinational chain, located in Syntagma, as they found that for six months the store was cutting but not transmitting receipts.

The auditors visited the store based on the data available on their tablets from the ELEGXOSlive system that views the tax behaviour of businesses in real time.

They found that from 15 January to 12 June this year, the shop cut but did not transmit 21,100 receipts worth €576,000, including €111,500 in VAT.

The business received a €56,000 fine and had to lock the store for 48 hours.

At the same time, the auditors are examining the movements of other stores of the well-known clothing chain, to see if there are similar violations there as well.

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