Bill – VAT: The obligation to disclose discounts due to turnover is abolished. For investment goods (property), the restriction on the use of the property ceases for a period of at least 9 years

With the new bill submitted to the Parliament “Arrangements for the acquisition of occupied properties of the private property of the State, properties of the National Defense Fund, other provisions for the private property of the State and other provisions of the competence of the Ministry of Finance”, among other issues, the following are proposed : 1. The obligation to notify A.A.D.E. is waived. of turnover discounts, so that they are not included in the taxable value of the delivery and intra-Community acquisition of goods and the provision of services. (article 31) 2. The concept of tangible goods that constitute investment goods is redefined for the purposes of applying article 33 of Law 2859/2000

Source: taxheaven.gr