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IMPACT OF THE NEW EU DIRECTIVE FOR THE DISCLOSURE OF TAX PLANNING STRUCTURES

With the latest amendment of Directive 2011/16, regarding the mandatory automatic exchange of information in the field of taxation, through Directive 2018/822, which was adopted on 25 May 2018, the EU Council introduces the obligation of intermediaries to report to the tax authorities any cross-border arrangement which they have been involved into, under the capacity...
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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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