KARAKITIS TAX & LAW wins court case about withholding taxation of corporate bonds

The dispute related to the tax regime that was applicable in Greece until 31.12.2013. By validating the arguments of our appeal, the administrative court annulled the tax audit assessment of withholding tax and penalties on interest accruals regarding a corporate bond loan. Namely, the court ruled that the relevant tax legislation treated corporate bonds and...
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New Law for attracting the establishment of service centers in Greece and for expanding the golden visa regime to encompass investments in securities

On 28 March 2019 the Greek Parliament passed a new bill, which, among other, introduces new incentives for the establishment of new service centers in Greece and broadens the scope of residence permit by investment by including investments of a certain value in securities or deposits in Greece. You may read more in the tax...
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KARAKITIS TAX & LAW wins a Euro 75 mil tax case at court

The case involved an out-of-books corporate income tax and VAT assessment extending to three fiscal years of a company which had discontinued operations before the commencement of the tax audit. The administrative court of appeal of Athens ruled that the first two fiscal years have been statute barred, whilst, for the third one, that the...
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