2025 Greece B2B Construction VAT Reverse Charge: Fighting Fraud

Greece is proposing to adopt Article 199 of the EU VAT Directive for the VAT Act in 2025
The proposal is to remove the cash element of VAT from B2B domestic construction services to fight fraud
This means VAT will not be charged by the vendor, and the customer will record the transaction as a ‘reverse charge’ with no cash payment
Greece already operates the domestic reverse charge on sectors such as mobile phones, laptops, electricity, certain scrap materials, and carbon trading certificates
The anti-fraud measure is popular across the EU, but a generalised domestic VAT fraud measure has not been widely adopted

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.