Greece and Bulgaria have further cemented their relations in countering tax evasion, in a meeting between the heads of each country’s revenue agency on Monday.
Greece’s Georgios Pitsilis and Bulgaria’s Galya Dimitrova met in the Bulgarian capital and discussed a range of matters, one of which was the double tax agreement and the resulting tax evasion.
Both Mr Pitsilis and Ms Dimitrova agreed upon making any necessary amendments to the agreement, which would be drafted as soon as possible, and also agreed to speed up the exchange of information between the two offices with regards to data on tax evasion.
The two heads also spoke about the customs system in place for the entry of goods into EU member states, with Mr Pitsilis committing to the idea of investigating the prospect of an automatic exchange of information about the individuals using this customs regime.
This would see information sent directly to the agency in Bulgaria to verify the compliance with tax laws there.
Meanwhile they also agreed to exchange data on acquired real estate by Bulgarian nationals in Greece and vice versa.
“I am convinced that the bilateral agreement between our administrations will strengthen the cooperation and will contribute to the successful fight against tax fraud, respectively, and to increase the revenues of the budgets of the two countries,” Ms Dimitrova said.