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ARTICLE · 01 NOVEMBER 2021

Fiscalisation: Full Implementation Is Postponed Until End Of December 2021

Pursuant to Fiscalisation reform for the declaration of business-to-business and business-to-consumer transactions, the General Directorate of Taxation has informed all taxpayers (subject to VAT)...

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Pursuant to Fiscalisation reform for the declaration of business-to-business and business-to-consumer transactions, the General Directorate of Taxation has informed all taxpayers (subject to VAT) that the submission of VAT return sheets and sales and purchase books for the periods until December 2021, will continue to be performed through the electronic declaration account in e-filing.

The filling in the relevant fields will be done manually, according to the type of transactions, comprising the data of fiscalised and non-fiscalised invoices.

It was initially announced that this declaration method would be applied only for the period until August 2021 but considering the difficulties of the transition, the decision was revised. 

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