In Focus: Greece’s Upcoming VAT Reform

Greece is introducing a tax reform to increase efficiency, prevent fraud and close its VAT gap by digitising its tax system. Although 1 October 2020 had been the intended date for mandatory participation, late changes announced by the tax authority mean only some taxpayers are obliged to use it for the rest of 2020. For others, participation during the first three months is voluntary. From 1 January 2021, it will be mandatory for all.