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The “construction” of myDATA fines

  • The main topic of discussion is the tax bill and the fines it creates.
  • The final version of the bill is expected to have improvements, particularly regarding the calculation of individual business income.
  • Some provisions in the bill are poorly drafted, such as the one regarding fines for cash transactions.
  • There was an error in the drafting of the bill regarding fines for late VAT and withholding tax declarations, but the provision will still apply.
  • The bill includes provisions aimed at reducing court congestion and the workload of the tax administration.
  • One provision limits the deduction of VAT and expenses from income without modifying the VAT code.
  • The fines for non-compliance with myDATA requirements are also addressed in the bill.
  • The bill separates fines into fines for non-transmission and fines for late transmission of data.

Source: taxheaven.gr

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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