- Mandatory E-Invoicing Proposal: The European Commission has proposed to authorize Greece to implement mandatory e-invoicing for B2B transactions, aimed at improving tax compliance and VAT reporting efficiency.
- Implementation Timeline and Requirements: If granted, the derogation will allow Greece to mandate e-invoicing for domestic taxable persons starting July 1, 2025, adhering to the European Standard (EN 16931) and ensuring that non-Greek entities remain unaffected.
- Current and Future Digital Reporting: Greece’s existing myDATA platform requires real-time reporting of financial transactions, with e-invoicing set to enhance this system; B2G e-invoicing is already mandated, reflecting Greece’s commitment to digital transformation and combating VAT fraud.
Source Marosa
