The Deputy Minster of Finance jointly with the governor of IAPR have in a recent press release announced a Decision amending the myDATA law (L. 1138/2020), whereby the deadlines for transmitting certain data generated in 2021, 2022 and 2023 are postponed, thus giving business more time to collect the data and transmit them according to the myDATA specifications.
The obligations for 2023 pertain to the transmission of historical data which took place in the last two years.
As of 1.1.2024, the standard transmission deadlines – as outlined in the myDATA law (Law 1138/2020) – apply for all the data in the scope of myDATA which took place in 2024.
The tax authority’s intention is to provide more time for businesses who haven’t complied with the previous transmission deadlines to report the required data to myDATA. However, starting from January 2024 the tax authority is expecting businesses to comply with the required deadlines without providing a grace period, at least as of yet.
For a full overview of the myDATA deadlines, check out our blog here.