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At a meeting of the EU Economic and Financial Affairs Council on March 8th 2016, Member States reached a political agreement regarding country-by-country reporting by tax authorities.

Strategically positioned at the intersection of Europe, Asia, and Africa, Greece serves as a natural gateway for international trade and transportation. Its advanced port infrastructure...

By virtue of L.4557/2018 as recently amended by L.4607/2019 and a decision issued by the Ministry of Finance in mid June 2019, the Central Beneficial Owner Register has been set up and the process for the ...

Real Estate Investment Companies (REICs) are legal entities with a specific investment purpose: acquiring and managing real estate, as well as related rights and participations.

The increase of the share capital of a société anonyme constitutes one of its principal forms of financing. It is distinguished both from financing through external sources, such as borrowing...

This article presents through some case law examples the criteria that courts have used to determine, in cases of corporate tax evasion, that the person who appears formally only as the company's administrator...

An individual is subject to income tax on his/her total net income in Greece and abroad. Net income sourced in Greece is taxed irrespective of the residence of the individual.

Greece, long celebrated for its rich history and Mediterranean charm, is now establishing itself as a strategic hub for business and investment.

Capital gains tax is a fundamental component of the modern tax system, playing a decisive role in economic activity and investments. It affects both individuals and legal entities during the transfer of participation titles.

Greece's entrepreneurs face significant challenges, and one of the most pressing is the country's high corporate tax rates. With a 22% corporate income tax rate, along with additional...

A draft bill introduces a new 72-instalment settlement scheme for debts owed to Greece's AADE and e-EFKA, covering overdue obligations from before December 2023. This article examines the eligibility criteria, interest rates, and enforcement suspensions under the new scheme, while comparing its advantages and limitations against the existing out-of-court debt settlement mechanism to help debtors determine the most suitable restructuring option.

During the last couple of months, there have been many interesting developments in corporate tax matters; we have selected a few which we summarise below...

A new package of tax measures passed by the Greek parliament includes changes in social security contributions and increases in income tax rates and the solidarity contribution.

The strategic management of corporate profits through tax-exempt reserves offers significant advantages for investment implementation in sociétés anonymes and capital companies. However, their subsequent distribution triggers complex legal and tax implications that can dramatically impact cash flows and corporate obligations. This comprehensive analysis examines the main categories of tax-exempt reserves, their tax treatment upon distribution, and the critical legal framework governing them, while

The current review of social security contributions and tax rates in Greece was long overdue, and it will likely have a negative impact on businesses.