Fiscal subject related
Measures the central bank has put forward for the upcoming period include:
- Mandatory use of electronic payments for retail outlets
- Automated VAT credit repayments, without manual approvals, to build trust in the VAT process
- Eliminating special VAT reduced rates in holiday locations
- Adoption of Artificial Intelligence, blockchain and similar cutting-edge technologies to identify VAT fraud
- Further adoption of electronic invoicing, building on the myDATA e-invoice and e-bookkeeping reforms
- Strengthening administrative cooperation in the field of VAT between the tax authorities of the EU Member States
The EU VAT Gap initiative will be launched later this year by the European Commission to help tax authorities share the best practices.
Other news from Greece
Greece Tightens Penalties for Receipt Violations and Tax System Tampering
Greece
Author: Ivana Picajkić
Greece’s Tax Authority has implemented stricter rules on business suspensions and fines, targeting incorrect receipts and unreported retail data. Repeat violations can lead to temporary closures, while altered tax systems face severe penalties, highlighting enforcement against tax evasion. Businesses must comply strictly. Greece’s Tax Authority (AADE) has strengthened the rules on business s... Read more
Greece: Clarification on Licensing Rules for Certified e-Invoicing Service Providers
Greece
Author: Ivana Picajkić
Greece clarified that foreign companies can obtain a YPAHES e-Invoicing provider license only if they have a headquarters or permanent establishment in Greece with a Greek Tax Identification Number. Read more
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Already subscriber? LoginGreece Advances e-Invoicing and Delays Part of e-Transport Reporting
Greece
Author: Ivana Picajkić
Greece is advancing mandatory B2B e-Invoicing and e-Transportation reporting through the myDATA platform, expanding real-time tax control over invoices and goods movements. The rollout continues in phases during 2026, with full e-Invoicing coverage from October 1, 2026, Phase B e-Transportation reporting from October 12, 2026, and item-level classification from January 1, 2027. Greece is moving fo... Read more
Greece Delays Second Phase of myDATA e-Delivery System to October 2026
Greece
Author: Ivana Picajkić
The Tax Authority and Ministry of Economy have delayed the myDATA e-delivery system rollout to October 2026. Key features include electronic documents and real-time tracking. Certain groups are exempt. Companies must prepare for full digital compliance by 2027. The Tax Authority (Independent Authority for Public Revenue - AADE), together with the Greek Ministry of Economy and Finance, has announce... Read more
Greece Proposes Simpler Penalties for Late VAT Returns
Greece
Author: Ivana Picajkić
Greece has proposed a tax reform introducing a flat €100 penalty for late or missing VAT returns, even when no tax is due, aiming to create a more proportionate and uniform penalty system. The measure, currently under public consultation, also offers potential relief for past violations and requires businesses to strengthen compliance processes to avoid penalties. The Greek Ministry of National Ec... Read more
New education was created: Educational videos for Greece
Greece
Author: Tara Nedeljković
The Greek fiscalization framework is based on a combination of certified fiscal devices and digital reporting via the myDATA platform, governed by a structured legal framework and supervised by the tax authority (AADE), applying to defined taxpayers, transactions, and business activities. Businesses, especially retailers, must comply with strict fiscal requirements, including issuing compliant receipts, using certified hardware or service providers, and ensuring real-time or near real-time data transmission to the tax authority. Read more
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Already subscriber? LoginGreece Delayed Mandatory B2B E-Invoicing and Introduced Transition Period
Greece
Author: Ivana Picajkić
Greece has slightly postponed mandatory B2B e-invoicing for large businesses to March 2, 2026, introducing a transition period until May 3, 2026 to allow system adaptation. While penalties are deferred until the end of this period, non-compliance will still be strictly sanctioned as if no invoice was issued. Greece has postponed the start of mandatory B2B e-invoicing. Instead of beginning in Febru... Read more