- Digital audit tools like POS, IRIS, and myDATA have drastically reduced tax evasion, moving much of the “invisible” economy into official channels.
- The state is now losing up to €7 billion less annually in VAT revenue compared to previous years.
- Universal card payment acceptance in 2024 generated an estimated €400 million in additional VAT revenue, with even greater benefits expected in 2025.
- Tax returns filed in 2025 showed record increases in declared gross revenues for self-employed professionals, with some sectors reporting 10-15% growth.
- The adoption of digital measures is estimated to have generated an additional €2.7 billion in tax revenue in 2025 alone.
Source: en.protothema.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"
- €20,000 Fine for Not Connecting Cash Register with POS; Appeal Rejected as Out of Time
- VAT Exemption for EU-Based Businesses: New Guidelines and Procedures Effective January 2026
- VAT Return Reconciliation with myDATA: Dividend Distribution and Collection Outside VAT Scope
- New VAT Exemption Rules for Businesses Established in Other EU Member States Published
- Exemption from Special VAT Regime Article 44B for Non-Established Taxable Persons in Greece
