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

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Taxand's Take

Multinationals with operations in Greece should familiarise themselves with this information and make any necessary changes to their business procedures to remain compliant.

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Article tags

Greece | International Tax

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