Greek PM Kyriakos Mitsotakis pledged to reduce taxes by 2027 during a special ceremony in Athens earlier on Tuesday, marking the move of the country’s Independent Authority for Public Revenue (AADE) to a new location on Pireos Ave. in Tavros, southwestern Athens.

The Greek PM said “sustainably” slashing taxes was a top government priority, as was tackling tax evasion.

“As long as tax evasion is restricted, revenue will be added to state coffers and we will continue to reduce taxes until the end of the government’s term,” Mitostakis said.

tax cuts

The new offices of Greece’s AADE tax authority. Photo: Tatiana Bolari /Eurokinissi

Also addressing the event, National Economy and Finance Minister Kostis Hatzidakis said AADE would be implementing a new model of operation which was modernized with new artificial intelligence (AI) technologies that will ensure greater speed, better service and transparency for taxpayers.

The outdated model of crowded Greek tax offices is a thing of the past, Hatzidakis said, adding that glitches were however inevitable as in all transitional periods.

Commenting on the move to a new location, AADE Governor Giorgos Pitsilis said the country’s tax authority employs more than 1,100 people and underlined the importance of integrating new smart technologies such as AI for tax and customs audits. “The AADE of the new era is here,” he said.

AADE authorities expect the move to a new building will save significant resources by bringing together services. According to the leasing contract, AADE will be paying 4.4 million euros in rent annually for a period of 12 years.