- The Greek government has proposed heavy fines for entities that fail to transmit data to the Independent Authority for Public Revenue (AADE) through the mydata platform.
- The fines can be as high as 10% of the net value of each untransmitted element, up to €250 per day and €100,000 per fiscal year.
- The mydata platform is dysfunctional and problematic, causing daily issues for businesses and accountants.
- The fines may be imposed even if the taxpayer has attempted to transmit the data but encountered technical errors or malfunctions.
- The fines are disproportionate to the economic situation of many taxpayers.
- The Member of Parliament asks the Minister of National Economy and Finance if the fines reflect the economic situation of taxpayers, what actions have been taken to address technical issues with the mydata platform, and if the proposed provision will be withdrawn or modified.
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.
Latest Posts in "Greece"
- AADE Automates Majority of VAT and Activity Code Changes for Faster Processing
- Greece Enacts Mandatory B2B E-Invoicing Law for Domestic and Cross-Border Transactions
- Administrative Support Services Subject to VAT When Not Closely Linked to Social Welfare
- Greek Parliament Approves Mandatory B2B E-Invoicing Bill, Implementation Expected by 2027
- Greece Establishes Mandatory B2B E-Invoicing Law, Awaiting Technical Details and Implementation Date