Annual customer and vendor consolidated report ends 15th June 2022
The Greek annual statement of supplier and customer invoices is to be withdrawn this year. The last year, covering 2021, must be submitted by 15 June 2022. This is an extension announced this week – the prior deadline was 27 May 2022.
Going forward, the Greek Revenue Authority, AADE, will instead be able to extract the data from the new myDATA e-invoice and e-book regime which came into effect in 2022.
myDATA reporting in Greece
In a phased launch starting in 2021, Greek tax payers have moved to reporting e-invoices and maintaining electronic ledgers. This is reported through the myDATA platform.
EU harmonised e-invoicing review – VAT in the Digital Age
EU VAT in the Digital Age reforms include a channel for harmonised Digital Reporting Requirements (DRR) and Continuous Transaction Controls (CTC) by EU states. This grew from the 2020 EU Tax Action Plan proposals for a fairer and more efficient EU tax regime.
Our VAT Calculator tax engine can provide instant global VAT or GST calculations for your e-invoicing or real-time reporting obligations.