On November 14 2017 the Tax Department opened a public consultation on proposed legislation to implement the EU Anti-tax Avoidance Directive (2016/1164/EC), as amended by EU Directive 2017/952, which extends the rules to hybrid mismatches involving:
- third countries;
- permanent establishments;
- hybrid transfers;
- imported mismatches; and
- dual resident mismatches.
The consultation period will last until December 8 2017. The consultation documents, which are in Greek, are available on the Tax Department's website.
For further information on this topic please contact Philippos Aristotelous at Elias Neocleous & Co LLC by telephone (+357 25 110 110) or email ([email protected]). The Elias Neocleous & Co LLC website can be accessed at www.neo.law.