Greece recently enacted legislation introducing public country-by-country reporting as set out in the EU Directive.The first financial year of reporting will be the year starting after 22 June 2024.Penalties for noncompliance can range from €10,000 to €100,000.Businesses with operations in Greece should get ready to comply. Executive summaryGreek authorities have enacted legislation to implement the European Union (EU) Public Country-by-Country Reporting (CbCR) Directive as set out in Law 5066/2023 (Government Gazette A 188/15.11.2023). The first financial year of reporting will be the year starting on or after 22 June 2024.In accordance with the EU Public CbCR Directive (see EY Tax Alert,...