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Update - Greek Ministry of Finance Launches Public Consultation on Draft Bill for Implementation of EU Directives and Other Measures

09 July 2020

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Proposed Changes

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Greece

As previously reported, the Greek Minister of Finance presented a draft bill to the Cabinet on 30 June 2020 for the implementation of Council Directive (EU) 2018/822 on reportable cross-border arrangements (DAC6) and Council Directive (EU) 2017/1852 on tax dispute resolution. On 7 July, the Ministry announced a public consultation on the draft bill, which also provides for the implementation of several other measures, including: New provisions on exit tax and hybrid mismatches as has per the EU Anti-Tax Avoidance Directive (ATAD1 and 2); New provisions allowing for the rollback of APAs, with amended returns for previous years allowed to...