VATupdate

Share this post on

Fiscalization in Greece

In 2020, certain upgrades and/or exchange of devices were necessary, since the obligation to print a QR code on every receipt entered into force.

Although there are several different types of fiscal devices possible to be used, they are all based on the concept of authorities’ approval before distributing them.

Fiscal memory stores the fiscal data and sends them to the tax authorities, but in different time frames.

Deciding which POS application to use is not restricted, as long as the integration with an approved fiscal device is possible and done.

Greek officials introduced the myDATA obligation, mandatory from April 2021. – separate requirement from the usage of fiscal devices, but still including the retail transaction data to be reported to the authorities.

Source JB Consulting

Sponsors:

VAT news

Advertisements:

  • VAT news