Greece: Obligations to submit sales and purchases data
A decision to abolish the obligation to submit annual customers-suppliers lists
A decision to abolish the obligation to submit annual customers-suppliers lists
The Greek tax administration issued Decision A.1038/30.3.2022 to abolish the obligation to submit annual customers-suppliers lists.
That obligation has been replaced with the requirement to report in the MyData platform no later than 27 May 2022, data related to sales documents, self-billings, and proof of expenditures.
Entities are also required to cross reference their accounting data (purchases) with the counterparties’ submissions and report any discrepancies before 31 October 2022.
Failure to comply to these aforementioned obligations for the calendar year 2021 triggers an administrative penalty of €100, irrespective of the volume of transmissions and the content of each transmission.
Read a May 2022 report prepared by the KPMG member firm in Greece
The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 3712, 1801 K Street NW, Washington, DC 20006.