What are the incentives for implementing e-invoicing through a provider

The incentives established by AADE for the implementation of electronic invoicing through a provider are emphasized by the consulting company N | E | P | A Economic Consulting. In particular, as she points out in her announcement, the motives focus on the following:

– The limitation period of the fiscal year is limited by two years, ie the five years in force became three years.

– The cost for the initial supply of technical equipment and software required for the implementation of electronic invoicing, is fully amortized in the year of its realization, increased by one hundred percent (100%).

– The cost for the production, transmission and electronic archiving of electronic invoices for the first year of issuance of sales documents through electronic invoicing recognized for deduction from gross income from business activity, according to article 22 of this Code, is increased by one hundred percent one hundred (100%).

The deadline for tax refund requests, which relate to the tax year or tax years, for which issuers select and apply only electronic invoicing, is set at forty-five (45) days. The deadline of the previous paragraph also applies to the calculation of interest payment to the taxpayer, who has unduly paid tax, according to paragraph 2 of article 53 of law 4174/2013.

According to the consulting company specializing in tax techniques, in addition to the above incentives given by AADE for the issuers of electronic invoicing data, there is an additional one for those who accept receiving electronic invoices through a provider. Specifically, paragraph 3 of the same article states: “For the entities-recipients of goods or services, who choose and declare to the Tax Administration the use of electronic invoicing through any Provider only to the extent that they accept the relevant documents, the limitation period for the year or years that select and apply exclusively electronic invoicing, is limited by one (1) year, ie 5 years becomes 4 years starting from the current year (after a response we received today from AADE) without doing anything more than declaring and accepting invoices through Providers (electronic invoices) by email rather than by classic paper.

SOURCE: MAPE