Tuesday, May 04, 2010

And you thought tax evasion was bad in the UK....

ATHENS — In the wealthy, northern suburbs of this city, where summer temperatures often hit the high 90s, just 324 residents checked the box on their tax returns admitting that they owned pools.

So tax investigators studied satellite photos of the area — a sprawling collection of expensive villas tucked behind tall gates — and came back with a decidedly different number: 16,974 pools.

Reported in New York Times on 1 May 2010. Full story here: Greek Wealth Is Everywhere but Tax Forms
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