Andersen in Greece is one of the first and few tax consulting firms in Greece that have been engaged  in consulting for the new so-called indirect techniques of tax audits that are now implemented in Greece in tax audits to High-net-worth individuals (HNWI) and Ultra High Net Worth Individuals (UHNWI).

These tax audits mainly concern the opening of an individual bank accounts (in Greece or abroad) and the justification of all transactions that took place in the audited period. Other types of tax audits such as the source and application of funds method, the net worth method and the bank deposits and cash expenditure method also begin to apply more often, following the ruling of the Council of State about audits going beyond the five-year or in special cases ten-year limit being against the Constitution.

Our firm, having gained substantial knowledge of the aforementioned types of tax audits has has successfully advised several taxpayers who have been audited in accordance with the above.

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