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Opinion of the Minister of Finance on the presentation of e-books

Based on the press release the introduction of eBooks has the following aims:

  • The automation, standardization, modernization and simplification of the processes related to review, analysis and data provision for financial transactions of businesses
  • The reduction of administrative costs (i.e. for small enterprises without ERPs)
  • The automated prefilling of Tax Returns, aimed gradually at VAT and CIT
  • Elimination of customer/vendor aggregate reports
  • Better targeting of tax audits, focusing on tax evasion and smuggling
  • The simplification and acceleration of the process related to CIT and VAT refunds for compliant businesses

Source Greek Ministry of Finance

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