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European Commission Closes Infringement Proceedings with Greece Regarding ATAD Reverse Hybrid Mismatch Rules — Orbitax Tax News & Alerts

The European Commission closed infringement proceedings with Greece on 26 January 2023 in case INFR(2022)0058 regarding the implementation of the reverse hybrid mismatch rules of the Anti-Tax Avoidance Directive (ATAD). A reasoned opinion was sent to Greece in July 2022 due to Greece's failure to communicate the required national measures implementing Article 9a of Council Directive (EU) 2017/952 (ATAD2) on amending Directive (EU) 2016/1164 (ATAD1), as regards reverse hybrid mismatches. Greece implemented the required rules as part of Law No. 4949/2022 in June 2022 (previous coverage) and, having apparently communicated this, the case is now closed.