- Greek tax authorities are increasing inspections and using electronic cross-checks to fight VAT evasion.
- Businesses not complying with EFT-POS, IRIS, and cash register connectivity rules face fines of €10,000 (single-entry) or €20,000 (double-entry), with reduced fines for small settlements and islands.
- Fines of up to €20,000 apply to businesses failing to connect POS and IRIS systems as required by law.
- Companies selling or supporting non-compliant software risk severe penalties, including possible license revocation.
- Inspections focus on proper transaction reporting and detecting attempts to bypass systems using standalone POS terminals.
Source: fiscal-requirements.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.
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