![Mykonos: 200 luxury villas in tax evasion party](https://www.ot.gr/wp-content/uploads/2023/04/mykonos-1-600x337-1-600x337-2.jpg)
Humongous tax evasion reaching 1 million euros from a short-term real estate rental platform in Mykonos revealed by the auditors of the Independent Public Revenue Authority-AADE.
A company that manages luxury properties with short-term leases was caught in the grip of AADE. Through cross-scanning and audits, the Independent Authority identified a website with characteristics of a sharing platform, with tax evasion reaching €1 million.
![](data:image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20600%20400%22%3E%3C/svg%3E)
Tax evasion party
• Almost 200 ultra-luxury residences in Mykonos were displayed and rented through the website, without documents and without being declared to the Tax Office
• Many additional services were also offered, such as providing service staff, organizing parties, dinners, renting luxury cars and yachts
• Tax evasion exceeds 5,000 euros per property
How they got caught
Through extensive cross-examination, the Independent Authority’s auditors found that the accommodation postings did not mention the Property Registration Number. The total fines reach 1 million euros.
Investigations are ongoing as there are a number of targeted cases ongoing.
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