On 21 September, the Greek Parliament passed a bill introducing penalties for non-compliance with rules requiring taxpayers to transmit retail sales data issued via the Information System of Electronic Tax Mechanisms (F.I.M). According to Article 54H of the Tax Procedures Code, IAPR will impose the following penalties for non-transmission of the receipt summary to the MyDATA:
- For transactions subject to VAT, a penalty equal to 50% of the VAT, which cannot be less than 250€ or 500€ per tax audit, for liable persons to single entry books and double entry books.
- For transactions not subject to VAT, a penalty equal to 500€ or 1,000€ per tax audit, for liable persons to single entry books and double entry books accordingly.
Furthermore, the case of non-transmission of retail receipts, which are issued through F.I.Ms, is added to the cases where the operations of a business unit can be suspended.
