Type: Legislation
The Greek Tax Authorities (AADE) recently published a series of regulations, brochures and technical specifications concerning myDATA (my Digital Accounting and Tax Application). The solution is a comprehensive electronic reporting solution impacting the compliance process for VAT and corporate tax as well as accounting procedures. The new regulations will come into effect during 2020. In the first place on June 1, 2020, taxpayers will be obliged to report sales transactions. As of October 2020, purchase transactions will have to be transmitted to the myDATA platform.
Effective date: June 1, 2020
