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Prioritizing VAT Lockdown over Imposing Fines on myDATA: X. Theoharis’s Speech

  • The Deputy Minister of Finance, Haris Theoharis, spoke about myDATA fines during his speech at the parliamentary committee on the tax bill.
  • He stated that they want to prioritize the locking of VAT instead of imposing fines on myDATA.
  • They prefer to work with the locking process, which is a soft and gentle adjustment procedure, in order to avoid imposing fines.
  • However, if they reach a 90-95% compliance rate in the market, the remaining 5% will comply through fines.

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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