Greece Tax Agency Announces Postponed Implementation of Mandatory VAT E-Invoicing for Specified Large Enterprises

The Greek Independent Authority for Public Revenue Feb. 17 announced postponed implementation of mandatory electronic VAT invoicing for specified large enterprises. The announcement includes that: 1) mandatory electronic invoicing applies to large enterprises of the first phase with gross revenues exceeding 1 million euros (US$1.2 million) for tax year 2023, starting March 2, 2026; 2) the implementation period, from March 2 to May 3, allows parallel use of business management programs or the special registration form; 3) enterprises can use electronic data issuance provider services, or the Tax Agency’s free applications, for electronic invoicing; 4) enterprises must submit electronic invoicing ...