- Greece has published Decision No. A. 1020/2024 clarifying rules on the submission of declarations and determination of tax for the myDATA digital platform.
- The decision includes measures such as declaring the initiation of the income-expense rule and mandating the submission of a VAT return with pre-filled data.
- The obligation to submit VAT returns according to the new rule begins on January 1.
- Tolerable deviations of income and expense data are limited to 30 percent per tax return period.
Source: news.bloombergtax.com
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.
