Report
As part of these audits, taxpayers should provide the tax authorities with detailed information on their financial situation and standard of living, declaring details of the amounts deposited in all their bank accounts, the amounts they have placed in other types of investment or savings products or even in cryptocurrencies, for bank safes that they may rent, for any works of art, collections of objects, valuables and other movable assets of great value that they own, for their real estate, for expenses electricity and water supply to their homes, for telephone costs, for the expenses they have made with debit, credit and prepaid cards, even for any amounts of cash they had at the beginning and end of 2023 in… drawers, cupboards or… chests in their homes!
The auditees will be asked even if they made trips in Greece or abroad, in which hotels they stayed overnight and how much they paid for transportation, accommodation and food on their specific trips. They will also be asked to report whether and what amounts they have invested in cryptocurrencies, how much money they spent annually on home and car insurance premiums, school fees, and other educational and recreational activities for their children.
Cover
They will also have to justify, based on their declared income and any other income, the origin of the sums of money they have paid for the acquisition of assets, savings and investments, even in cryptocurrencies. In other words, the audits will also have the form of “whereabouts” for the professionals who will dispute the assumed amounts of income based on the objective criteria of taxation.
All this information that the audited taxpayers must provide, the tax authorities will use it in the context of the audits they will carry out with indirect techniques, using other data they will have collected, through the opening of the declared bank accounts and investigations into their movements and through other verifications and cross-checks.
The purpose of these audits will be to indirectly redefine the incomes of the self-employed based on their annual expenses for acquiring assets, savings, investments and living. The amounts of income that will result from these indirect control techniques will be compared with the minimum assumed amounts of income that will have resulted based on the objective taxation criteria of Law 5073/2023, as well as with the declared incomes of the taxpayers.
Results
If the re-determined income amounts based on these checks are approximately the same as the declared incomes, the minimum presumed income amounts that would have resulted based on the objective criteria will be deleted, the challenge requests will be accepted.
However, in the cases where the audits will confirm that real incomes were not the ones declared but the assumed ones, the requests to dispute will be rejected.
In cases where the audits will result in income amounts higher even than those assumed, taxpayers will be required to pay even higher amounts of income taxes, supplemented by penalties for submitting inaccurate returns, as well as late payment interest.
Dispute applications digitally
In any case in which the taxpayer wants to dispute the minimum presumptive income for objective reasons, such as e.g. hospitalization, imprisonment, pregnancy, other reasons of force majeure, etc., the request must be made directly on the new digital application, which will be available in the first fortnight of May.
In particular, the request can be submitted at any time after the submission of the income tax return and the issuance of the settlement statement. Essentially, the taxpayer will receive the declaration with the tax certified on the basis of the presumptive amount of income and subsequently he will be required to prove, by submitting the necessary supporting documents, that he could not carry out his activity for various objective reasons.
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