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Greece might implement e-invoicing in 2024

  • Greece is proposing to combat tax evasion by mandating electronic invoicing in 2024.
  • This will enable tax authorities to cross-check transactions in real time.
  • Cash registers will also be connected with POS, affecting approximately 450,000 businesses.
  • The expansion of myDATA is ongoing, and the full implementation will be completed within 2024.
  • Other measures include applying the electronic payment system obligation to other sectors, requiring buyers and sellers of real estate to use a bank means of payment, launching a pilot of consignment notes to monitor real-time transit of goods,
  • increasing the fine for the use of cash over 500 euros, paying most welfare benefits through debit cards, excluding smuggling offenders from cooperation with all fuel trading companies, and intervening in short-term leases.
  • The full press conference is available in Greek.

Source Pagero


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