May 7, 2024

Athens News

News in English from Greece

Tax: automatic confiscation of property using the Eispraxis system


In June 2025, the Greek tax authorities will commission a new electronic system of confiscation of debtors’ property “Eispraxis”. It will allow you to collect the most complete information about the property of debtors, as well as their expensesallowing for the most efficient confiscation of property in favor of the state.

ΑΑΔΕ is preparing “Big Brother” for more than 3.5 million taxpayers in debt to tax authorities, starting the electronic inventory not only overdue debts, but also information about income and property.

At the end of 2023, 3.5 million Greek taxpayers owe €104.5 billion in debt to the state. This represents about 60% of Greece’s GDP. The tax collection mechanism is strengthened through the Eispraxis system. This is the new electronic weapon that the Greek Tax Administration has been using since the beginning of the new year to find debtors and collect debts from those who can afford but do not fulfill their obligations to the tax authorities.

Real-time monitoring

Each debtor will be tracked in real time and, depending on their behavior, Eisxpaxis will automatically seize bank accounts and assets, conduct auctions, and apply tax refunds toward debt repayments.

The new electronic system will “see” the profile of each debtor, check his financial situation, receiving information about his income and assets from all information systems of the Hellenic Tax Administration, Taxis, Icisnet, Elenxis and from third parties: land registry, credit institutions, account movements , take into account and summarize all purchases, notaries, stock exchange, ERGANI, GEMI, etc.), and exchange these data and information with member countries EU.

An electronic file will be created for each debtor, in which information will be updated in real time about the progress of repayment, compliance or non-compliance with agreements, as well as actions and measures taken by collection authorities. At the same time, Eispraxis allows automatic debt collection, and in the context of forced debt collection (seizure, seizure, auctions of debtors’ assets), new methods and technologies are used.

With the new information system “Eispraxis”:

  • Cases of overdue debts will be selected, using risk analysis criteria, to determine the priority of the tax administration, which can be recovered to the greatest extent.
  • The progress and nature of the debt, as well as the actions taken to collect it, will be monitored.
  • A real-time database will be created that will provide insight into the debtor, debt and other related data, allowing offsets and adjustments to be made, correct notifications to be issued and appropriate action taken.
  • The process of returning and crediting funds from various sources (tax debts, insurance debts, customs payments, deductions through tax information and confirmation of debt) and linking all payment methods to one payment name will be automated.
  • Adjustments to taxpayer debt will be monitored.
  • Taxpayers will be automatically informed about their outstanding debts, their compliance or non-compliance with agreements, and will also receive electronic notifications about enforcement actions.
  • Debt cases will be classified according to a set of characteristics (full name of the debtor, amount of debt, duration of delay, date of last action, etc.).
  • Risk analysis criteria will be applied and enforcement actions will be taken based on the debtor’s behavior, as well as notices and reminders of the proposed actions.
  • The effectiveness of debt collection measures and the process of classifying debts as non-recoverable will be monitored.

At the beginning of 2024, Greece recorded 3.5 million taxpayers who owe the state.



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