Greece enacted Law 5073/2023 on 11 December 2023, introducing new reporting obligations for payment service providers from 1 January 2024 as per Council Directive (EU) 2020/284. This directive requires payment service providers in the EU to monitor cross-border payees and report information on those receiving more than 25 cross-border payments per quarter to Member States’ administrations, aiming to combat VAT fraud.
Source Orbitax
Latest Posts in "Greece"
- Greece Clarifies Licensing Rules for Foreign E-Invoicing Service Providers
- Greece Advances B2B E-Invoicing and E-Transportation Reporting Reforms
- VAT-Focused Changes under Law 5301/2026 – Adjusted Penalty Framework and Compliance Enhancements
- Greece Measures Threaten EPPO Independence and Effectiveness
- Greece’s Tax Bill Signals Immediate VAT Changes, Retroactive Relief and Rate Cuts
