- A company in Greece was audited for the years 2016 and 2017.
- The audit found violations of not issuing tax documents, resulting in fines.
- The company’s gross income from sales of cigarettes, phone cards, and other goods with a 13% VAT rate was determined using the indirect method.
- Other gross income from sales of goods with a 24% VAT rate and other activities was not different from the amounts recorded in the company’s books.
- The company’s financial results were redefined based on the differences in income from indirect control methods, resulting in taxable profits of €15,447.25 for 2016 and a reduction of losses by €162,557.20 for 2017.
- VAT tax deductions were considered based on the indirect control method, resulting in differences in outflows of €76,538.91 for 2016 and €98,771.71 for 2017.
- Additional tax and fines were imposed for 2016, while the tax loss was reduced for 2017.
Source: taxheaven.gr
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
