The Piraeus Port Authority (OLP), one of Greece’s most prominent port operators, has been ordered to pay €10.7 million in taxes, fines, and surcharges to the country’s tax authorities, following a protracted dispute over its financial filings from previous years.
The issue dates back to the end of 2023, when Greece’s Independent Authority for Public Revenue (AADE) issued final decisions for revised tax assessments and penalties related to the fiscal years 2017, 2018, and 2019.
According to the tax authority, the company owed an additional €5.23 million in income taxes.
On top of that, it was fined €3.41 million, while a further €2.4 million was added in surcharges, bringing the initial total to roughly €11 million.
OLP, which operates the country’s largest and busiest port near Athens, disputed the charges in full and filed an administrative appeal with AADE’s General Directorate of Tax Administration. Despite the ongoing legal challenge, the company opted to pay the full amount in 2024 while the case was still under review.
The Dispute Resolution Directorate within AADE reviewed the appeal but ultimately rejected it, reaffirming the original assessments. However, during the process of recalculating the imposed amounts, the total fines were slightly reduced by €340,354, lowering the overall liability to €10.7 million.
Still contesting the outcome, OLP has taken the case to the Administrative Court of First Instance in Piraeus.
A final ruling is expected on May 28, which will determine whether the Greek authorities or the port operator will ultimately prevail in the long-running tax battle.
