The 2023 budget law (Law no. 197 of 29 December 2022, published in official gazette no. 303 on 29 December 2022, and effective 1 January 2023) introduced the following value added tax (VAT) measures:
- Anti-VAT evasion checks prior to the allocation and operation of VAT numbers were reinforced…..
- The limit on cash payments was raised to €4,999.99 (from €1,999.99, and instead of the €999.99 limit that would have become effective under prior legislation)…..
Source: KPMG
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