Awarded by TADEUS as “Outstanding National Success Story” for its fuel market fraud detection system
An important distinction was awarded to Independent Public Revenue Authorityby the European tax administrations, in the framework of the Tax Administration European Summit (TADEUS), held on December 12 and 13, 2024, in Budapest.
The Governor of AADE, Giorgos Pitsilis, received the first prize for the Outstanding National Success Story, regarding the platform, Data analytics for fraud detection in the Greek fuel market.
This project was presented by Mr. Pitsilis to his counterparts during the session. The new system leverages data from the input-output system, myDATA, the appodixi mobile app, TAXIS, the ICIS customs system, and geo-location (GPS) data of vessels and tankers, synthesizing over 100 different risk analysis criteria.
Through this, more than 15 billion have been formed. information files and over 3,000 data records from each gas station.
The use of data through special algorithms has increased the rate of fraud detection from 7% to 42% in the last three years, with 6 out of 10 detected frauds being important tax and customs cases.
As stated by Mr. Pitsilis, “this award proves the success of the work of all of us, employees and management, at the Independent Public Revenue Authority, in the direction of utilizing all the possibilities that technology gives us, to limit tax evasion and smuggling. For the benefit of society as a whole, healthy business and the public interest”.
Source: Skai
I am Janice Wiggins, and I am an author at News Bulletin 247, and I mostly cover economy news. I have a lot of experience in this field, and I know how to get the information that people need. I am a very reliable source, and I always make sure that my readers can trust me.