On 17 October 2015, the Greek Parliament ratified Law 4337/2015 as part of the implementation of the third economic bail-out programme. Taxand Greece summarises the key tax changes introduced.
The new legislation covers the following areas:
- Revised penalties for failure to file tax returns or for filing inaccurate tax returns assessed unpon completion of a tax audit
- Relaxed penalities for violation of TP compliance obligations
- Fictitious or forged fiscal documents; abolition of penalties for future violations and transitory provisions
- Criminal tax evasion: changes in scope and applicaple penalities
Discover more: Tax changes introduced by Law 4337/2015