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New Greek VAT Code Update: Aligning with Modern Standards and EU Reforms

  • The Greek government has approved a new VAT Code, law 5144/2024, replacing the outdated 24-year-old VAT Code, law 2859/2000
  • The new code updates the language and structure to meet current standards but does not introduce significant changes to VAT rules
  • Businesses must reference the correct VAT exemption provisions in their invoices
  • Businesses must also comply with updated reporting requirements on the MyData tax platform

Source: zeya.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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