By Chrysostomos Tsoufis

Entering the last quarter of the year, the AADE increases its rates, so that those who have concealed incomes do not “get away with it” and their cases expire on December 31.

Pending cases of undeclared income from the purchase and sale of real estate, salaries and pensions, fees from liberal professions, non-return of VAT and overdue submission of consolidated statements of customers and suppliers will have their due on the AADE list.

Taxpayers involved in such cases – if it has not already been done – will be notified by message in their personal portion in taxis or by mail that they have “previous records” with the AADE from audits of past cases that are time-barred at the end of the year.

THE taxpayer who receives such a notice, has 30 days at his disposal to pay or dispute its content by filing an appeal for reconsideration of his case. Going to court is NOT an option.

As a general rule, if the receipt with the determination of the tax has not been sent by the last day of the year, then the case… is filed.

Of course, there are exceptions in which the limitation period is extended from 1 to 10 years!

According to the current:

For cases from 1/1/2019 onwards, the 5-year period can be extended for one year if within the 5th year of the limitation period the taxpayer submits an initial or amending declaration or if new information concerning the specific case comes to the knowledge of the tax administration and from which a debt arises. Based on these, income tax cases of natural and legal persons who did not submit tax returns in 2018 or submitted late no later than December 31, 2023 are at risk of being time-barred.

In exceptional cases, a deed of estimated or corrective tax assessment can be issued even 10 years after the deadline for submitting the last return in cases involving more than one return if the taxpayer has not submitted any return or if the tax authorities become aware of information about the specific case that it could not have at its disposal within 5 years.

Especially for the years 2012 and 2013 but also for the tax years 2014-2017, there may be a 10-year extension in cases of tax evasion that exceed €50,000 for VAT violations and €100,000 for other types of tax. Excluded are cases of issuing fake or fictitious invoices for the financial years 2012-2014 and up to October 2015 for which there is no amount limit.