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Greek Parliament Considering Draft Bill Introducing Incentives for Electronic Invoicing

21 July 2020

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Proposed Changes

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Greece

The Greek parliament is currently considering a draft bill submitted by the government for the introduction of incentives for electronic invoicing. For companies that apply electronic invoicing, the following incentives would be provided: the statute of limitations for the tax authority to issue an administrative, estimated, or corrective tax assessment would be reduced to 2 years from the standard 5 years; expenditure incurred for the initial procurement of technical equipment and software required for the implementation of electronic invoicing may be written off in full in the year of realization; expenditure incurred for the production, transmission, and electronic archiving of...