Consistent with our commitment to provide current information on tax issues we inform you that Law 4484/2017 implementing the EU Council Directive 2016/881 into Greek Legislation regarding mandatory automatic exchange of information in the field of taxation was published on 1 August 2017. The only significant change introduced in the final law as compared to the bill that was submitted to parliament was to increase penalties for non-compliance with the Country by Country Reporting obligations.
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