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Greece might implement e-invoicing in 2024

22 September 2023
Greece

On 17 September 2023, Prime Minister Kyriakos Mitsotakis held a press conference addressing issues such as tax evasion and upcoming measures to combat it.   This proposal consists of ten following actions: Electronic invoices will become mandatory in 2024. This reform will enable tax authorities to cross-check transactions in real time; By 2024, cash registers will be connected with POS, affecting approximately 450,000 businesses. Therefore, every POS transaction will be transmitted in near real-time to the Greek State Auditing Services (AADE); The expansion of myDATA is ongoing, and the full implementation will be completed within 2024; The electronic payment system...