Greek Businesses Evade Tax Man

Clients at Santorini bars live it up but many of the businesses don’t pay taxes at all Greece’s hopes of boosting the economy by cutting the Value Added Tax (VAT) in eateries from 23 to 13 percent for a five-month trial are failing from the get-go as inspectors have found about 50 percent of all businesses – mostly restaurants, bars, coffee shops and night clubs – ...

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