Taxation News – 12th Issue (June 2017)-Guidelines for the application of corporate restructurings under the Greek Income Tax Code Greece Shipping companies of Art. 25, L.27/1975, are exempted from both the insurance premium tax and business tax The No 1028/2017 interpretative Circular issued by the Department of Indirect Taxation (Faculty A’ VAT) states, inter alia,...Read More

Taxation News – 11th Issue (January 2017)-Amendments of tax Greece Amendments/introduction of new tax provisions The recently published (on 21.12.2016) law 4446/2016 includes amendments to current tax provisions and also includes new ones. The most significant of these provisions are the following: Voluntary Disclosure of Income of previous years A new Voluntary Disclosure Program is...Read More

Taxation News – 10th Issue (September 2016)-foreign tax residents Greece Withholding tax on the interest obtained from natural and legal persons that do not have their tax residence in the Greece and do not maintain a permanent establishment in Greece The Council of State changes the taxation for foreign tax residents, Separate tax declarations for...Read More

Taxation News – 9th Issue (May 2016)-Certificate of incomes by dividends, interests and royalties Greece Changes to Tax Provisions Alterations to Income Tax Code New online services by the General Secretary of Public Revenues Incorporation of Directive 2014/107/EU regarding the mandatory exchange of information in the field of taxation Incorporation of Directive 2014/86/EU and 2015/121/EU...Read More

Taxation News – 8th Issue (December 2015)-Tax Procedure Code Greece Amendments to the Tax Procedure Code (C.T.P.) regarding:A. Transfer Pricing penaltiesB. Penalties for the inaccurate filing / non-filing of a tax returnC. Penalties on V.A.T. infringementsD. Penalties on infringements regarding withholding taxes On 17 October 2015, Law 4337/2015 introduced amendments which seek the decrease of the...Read More

Taxation News – 7th Issue (September 2015)-Tax Legislation Amendments to the Tax Legislation, Significant Amendment to Goods and Services Tax Bill,  a New Fiscal Procedure Code in Romania Greece Amendments to the Tax Legislation regarding: On July 15th 2015, the Law 4334/2015 introduced significant amendments to tax provisions, the most important of which are described...Read More

Taxation News – 6th Issue (April 2015)-Corporate Tax Avoidance Greece Combating Corporate Tax Avoidance On 18 March 2015, the European Commission presented a package of tax transparency measures which includes a number of initiatives to advance the tax transparency agenda in the European Union. Specifically: Assessing possible new transparency requirements for multinationals The Commission will...Read More

Taxation News – 5th Issue (February 2015)-New Taxation for Mass Media   Greece European Commission Fact Sheet – November Infringements Package: Main Decisions Commission Presents Options for Simpler and more Robust Future VAT Regime V.A.T. Imposition on Leased Airplane’s Delivery in Greek Airline Company when the Seller and the Buyer do not Have Their Establishment...Read More

Taxation News – 4th Issue (October 2014)-European Commission Memo – September Infringements Package: Main Decisions Rokas Taxation Newsflash for October 2014 Greece European Commission Memo – September Infringements Package: Main Decisions In its monthly package of infringement decisions, the European Commission is pursuing legal action against Member States for failing to comply properly with their...Read More

Taxation News – 3rd Issue (April 2014)-New Rules of VAT Taxation of Financial Leasing Bulgaria New Rules of VAT Taxation of Financial Leasing The VAT taxation of financial leasing has been changed as of 1st of January 2014. With the amendment of Article 6 paragraph 2 item 3 of the Value Added Tax Act, VAT...Read More