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The Budget Law 2019

The Budget Law 2019 (Law no. 145 of 30 December 2018) was published in Official Gazette no. 302 of 31 December 2018 and has been in force since 1 January 2019. Listed below are the most important direct tax measures introduced by article 1. Extension of the ‘hyper’ depreciation of certain tangible/intangible assets Amendments to the R&D tax credit Repeal…

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E-Invoicing

Since the electronic invoicing debut, 34 million e-bills have already been sent through the Revenue Agency web-portal in the first 15 days, more than 2 million every 24 hours. From 1 January 2019 till now, the e-invoices sent to the Revenue Agency have reached the number of 34 million. An exponential growth, in fact in the first four days from…

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