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Tax evasion in Greece: an overview

Author

Listed:
  • Melina Varsadani

    (Bank of Greece)

Abstract

This article presents evidence of the existence and magnitude of tax evasion in Greece, as derived from the analysis of tax data for the year 2009. The problem is chronic and widespread, demonstrating serious weaknesses in the tax collection mechanism both for direct and indirect taxes. Dealing effectively with the complex phenomenon of tax evasion requires determination and broad, collaborative and systematic effort, focusing on the following key policy axes: (a) simplify legislation and streamline the regulatory framework, (b) restructure and mobilize tax administration and (c) change tax mentality and the tax incentive system for consistency and compliance.

Suggested Citation

  • Melina Varsadani, 2011. "Tax evasion in Greece: an overview," Economic Bulletin, Bank of Greece, issue 35, pages 15-24, June.
    • Handle: RePEc:bog:econbl:y:2011:i:35:p:15-24
    as

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    File URL: https://www.bankofgreece.gr/BogEkdoseis/econbull201106.pdf
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    References listed on IDEAS

    as
    1. George A. Akerlof, 2009. "How Human Psychology Drives the Economy and Why It Matters," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 91(5), pages 1175-1175.
    2. repec:zbw:bofrdp:2007_026 is not listed on IDEAS
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    Cited by:

    1. Aristidis Bitzenis & Vasileios Vlachos & Friedrich Schneider, 2016. "An Exploration of the Greek Shadow Economy: Can Its Transfer into the Official Economy Provide Economic Relief Amid the Crisis?," Journal of Economic Issues, Taylor & Francis Journals, vol. 50(1), pages 165-196, January.

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    More about this item

    Keywords

    tax evasion; tax collection; shadow economy; direct taxes ; indirect taxes;
    All these keywords.

    JEL classification:

    • H26 - Public Economics - - Taxation, Subsidies, and Revenue - - - Tax Evasion and Avoidance

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