Tax Updates: June 4th 2024

Consistent with our commitment to provide updated information on current tax issues, we set down below a brief overview of the main revisions introduced by the new Greek Code of Tax Procedures.

In this edition (Download PDF)

• Digital notification of administrative acts and documents (Article 5)
• Cases of suspension of the Tax Identification Number (TIN) (Article 10)
• Provision of information by the taxpayer (Article 14)
• Submission of late/amended tax returns (Articles 22 – 23)
• Transfer pricing documentation file (Article 25)
• Duration of tax audits (Article 28)
• Interim tax assessment (Article 36 par. 5)
• Automatic tax assessment (Article 36 par. 4)
• Statute of limitation (Article 37)
• Acceptance of tax audit acts (Article 75)
• Other tax provisions
  • Termination of special settlement arrangements for unsettled tax liabilities
    (Articles 88 – 91)
  • Abolition of transaction tax for OTC stock lending (Article 92)
  • Exemption from income tax of interest arising from listed stock lending products
    (Article 93)
• Entry into force
• The relation of the new Code of Tax Procedures with previous Laws 4174/2013 and 4987/2022