- The Ministry of National Economy and Finance and AADE announced the upcoming implementation of a digital consignment note application on the myDATA platform, aimed at real-time monitoring of goods movement, starting early next year.
- Phase A will have two periods: for businesses with over €200,000 turnover and specific sectors, optional digital transmission is until March 31, 2025, becoming mandatory from April 1, 2025; for other businesses, optional until September 30, 2025, and mandatory from October 1, 2025.
- Phase B will allow all businesses to optionally transmit data from May 1 to September 30, 2025, with mandatory transmission starting October 1, 2025, alongside new exceptions for digital movement document issuance.
- The initiative is designed to simplify compliance procedures and combat tax evasion, incorporating modern digital tools for transaction document issuance.
- Penalties for non-compliance with the new framework will increase significantly, with fines of €5,000 for businesses maintaining a simplified accounting system and €10,000 for those using a double-entry system.
Source gov.gr
