AADE aims to make the use of the interconnection of devices recording card payments mandatory for broader business sectors.
The use of card terminals (EFT POS) and cash registers extends to all economic activity, as all sectors that are currently exempted from the mandatory use of POS machines and cash registers will issue receipts and accept cards for all transactions.
Will the usage of the interconnection of devices recording card payments be mandatory in Greece for broader business sectors?
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Greece
Author: Kristina Dosen
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Fiscal subject related
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427
Content accuracy validation date:
24.10.2022
Content accuracy validation time:
12:04h
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Specifically, the goal is to make the use of the mentioned devices mandatory by all business sectors, which means that next year the following should also have such POS machines:
- Theatres
- Cinemas
- Kiosks and many other business sectors which are currently excluded.
It is worth noting that under the current regime, more than 110 professional activities are included in the relevant list of obligated persons. At the same time, the cash registers will be connected to the EFT-POS so that the retail receipt is issued at the same time as the EFT receipt/slip, as many businesses in credit or debit card transactions do not issue the retail receipt, avoiding their obligations. With the connection, the tax office will know when the receipt was issued and will know the method of payment (whether was it paid by card or not).
As competent executives point out, the full operation of MyData and the interconnection of cash registers with taxis now pave the way for the expansion of such systems in all sectors of the economy. The obligation of interconnection is due in January 2023 and concerns businesses that issue accounting data through electronic tax mechanisms and at the same time have the obligation to use EFT-POS.
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