Greece signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Sharing (MLI) and the EU Council adopted Directive (ATAD II) amending the Anti-Tax Avoidance Directive (EU Directive 2016/1164 - ATAD) as regards hybrid mismatches with third countries and EU Directive 2015/2376 on Mandatory Automatic Exchange of Information was transposed into local legislation. The Voluntary Disclosure Program has been extended, the role of the Financial Crimes Prosecutor aligned with that of the Independent Public Revenue Authority and changes made to the Deferred Tax of Credit Institutions, the Unified Real Estate Tax and the Income Tax, Tax Procedures and Inheritance Tax Codes.
Click here to read the May 2017 Tax Briefing.
