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Major Greek archaeological site target of tax probe

August 9, 2015

As Greece continues its efforts to get its finances in order, the country still is struggling with tax collection.

Many businesses throughout the Mediterranean nation try to do as much business as possible in cash. The lack of record keeping for cash transactions makes it easier for them to avoid paying tax.

Apparently, though, it's not just sellers of goods at Greek markets who are looking for ways to skirt the country's taxes. A component of a respected cultural institution has come under scrutiny.

Greek officials have launched a tax fraud inquiry into one of the country's most visited archaeological sites after tourists claimed its gift shop was not giving receipts for souvenirs they bought.

Restored part of palace at Knosos_Greek Ministry of Culture and SportsThis restored part of the palace at Knossos, which dates from 2,200 B.C., is a favorite tourist site. Photo courtesy Hellenic Ministry of Culture and Sports and the 23rd Ephorate of Prehistoric and Classical Antiquities.

Tax inspectors sent to the world-famous Minoan ruins at Knossos on Crete last week reportedly found 534 breaches of the tax regulations in just one day. 

"We await a report from the tax authorities before launching immediate disciplinary action," said Greek Culture Minister Nikos Xydakis, who warned public servants there would be "zero tolerance" of government employees "who fail to defend the interests of the state."

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The More Tax Posts tab at the top of this page will take you to, well, more tax posts. You also can search below for a tax topic. 

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TAX-SAVVY WAYS 
TO WRAP UP 2026

It’s over! With October’s extended filing deadline behind us, it is now time to focus on year-end moves to reduce your 2026 tax bill. 

You’ll find ways to do just that on the Tax Tips page (see the More Tax Posts drop-down menu at the top of the blog), as well as the separate tax tip pages for each month, notably October through December. If you’re on the Tax Tips page, you’ll find a monthly list at the end of this column. If you’re on another blog page, you can head straight to the October tips; at the bottom of that tips page you’ll find links to all the other 11 months’ collections of tax advice.

Not to spoil what you’ll find in that tax advice, but it does cover such things as tax deductions for charitable donations, investment moves that could reduce tax due, and ways to max out your tax-favored retirement savings. 

Finally, as the year winds down, things get hectic. There are lots of other things to occupy our time, like the much more fun upcoming holidays. But don’t lose sight of taxes, since timing is key. To be of use, most tax moves must be made by the end of the tax year. That’s Thursday, Dec. 31, which also is the last business day of the year. 

So that you don’t miss that final tax year deadline, also keep an eye on the countdown clock below. It will keep you on top of just how much time is left to make important, tax-saving moves. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

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