Greek authorities have issued a bill which include a clause on the incentives if companies implement e-invoicing (see art. 48).
- the statute of limitation period for the tax administration to issue an act of administrative, estimated or corrective tax assessment is reduced to 2 years (from 5 years)
- the expenditure for the initial procurement of technical equipment and software required for the implementation of electronic invoicing is fully amortized in the year of its realization (increased to 100%)
- the expenditure incurred for the production, transmission and electronic archiving of electronic invoices for the first year of issuance of electronic invoices is fully deductible (increased to 100%)
- the deadline for the completion of tax refunds to companies is reduced from 90 to 45 days
Source Bill 4701/2020 (art. 48)
Summary by Avalara