Greece has announced that it will start implementing mandatory e-invoicing and e-books from 1 April 2021. Greece had previously intended to implement mandatory e-books submission in 2020. According to Greek authorities, they are delaying implementation partly due to difficulties caused by the Covid pandemic. Greece’s move towards mandatory electronic submission is part of a global trend. As authorities seek innovative ways to detect and prevent tax evasion, tax offices increasingly require electronic invoicing and electronic transaction data submission. Greek authorities specify that businesses must keep two sets of data: e-books and e-invoices.
Source: vatglobal.com
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