AADE Governor Highlights Digital Tax Innovations at OECD Summit

AADE Governor Highlights Digital Tax Innovations at OECD Summit

Business

At the 99th OECD Summit on Fiscal Issues, George Pitsilis, Governor of the Independent Public Revenue Authority (AADE), emphasized the organization's commitment to enhancing tax accountability and improving taxpayer experience through modern technological solutions, CE Report quotes Athens-Macedonian

Pitsilis highlighted key initiatives by AADE, including:

  • MyDATA: A platform where nearly all Greek businesses have declared transactions totaling €3.5 trillion over four years.
  • POS-Cash Register Integration: Linking point-of-sale systems with cash registers.
  • Mandatory Digital Invoicing: Enforcing the use of digital invoices for transparency.
  • Digitized Delivery Notes: Monitoring all transported goods within Greece.
  • Automated Tax Returns: Pre-filling over 15 million VAT and income tax returns with real-time data as of December 2022.

These advancements have significantly reduced Greece's VAT gap from 30% in 2017 to 13.7% in 2022. Pitsilis noted the adoption of a "compliance by design" strategy, enabling proactive compliance, predictive analysis, and targeted controls, aligning with OECD's Tax Administration 3.0 principles.

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