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Greece Publishes Law to Transpose the EU Anti-Tax Avoidance Directive

|Approved Changes|Greece
Greece

Greece has published Law 4607/2019 in the 24 April 2019 edition of the Official Gazette, which includes measures to transpose certain aspects of the EU Anti-Tax Avoidance Directive (ATAD). This includes the replacement of existing rules to bring them in line with ATAD:

  • The interest deduction limitation rules, including that the deduction of net interest expense (borrowing costs) is limited to…

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