🎧 Listen to This Article
The Independent Authority for Public Revenue (IAPR) has announced a postponement of its much-anticipated e-delivery system.
Originally slated for introduction on December 1, 2024, this delay aims to give companies additional time to adjust to the forthcoming digital goods movement framework.
Revised Implementation Timeline
The rollout will now proceed in two distinct phases:
- Phase 1 is set to launch on April 1, 2025, and will initially focus on select sectors.
- Phase 2 will expand to include all businesses starting October 1, 2025, which will necessitate more detailed reporting requirements.
Strategic Benefits of the Delay
This strategic postponement facilitates a more manageable transition to the new digital monitoring system.
It allows businesses to adequately prepare for compliance with the updated regulations and reduces the overall compliance burden by implementing the system in stages.
By adopting a phased approach, the IAPR is helping to ensure that all stakeholders can adjust smoothly to this significant policy change.
For businesses navigating the evolving landscape of tax regulations and compliance, understanding these updates is crucial.
The delay in the e-delivery system provides an opportunity for companies to reinforce their operational frameworks and better align with the incoming policies.
Read More: A Complete Guide to VAT Exemptions for Businesses in Greece
Stay tuned for further updates as we continue to monitor the situation.
For further details, clarification, contributions or any concerns regarding this article, please feel free to reach out to us at editorial@tax.news. We value your feedback and are committed to providing accurate and timely information. Please note that all inquiries will be handled in accordance with our privacy policy
