GREEK TAX SYSTEM DEEMED DISCRIMINATORY.

• Position: Taxation of non-resident partnerships - Brief article

The European Commission, at the end of December 2006, sent Greece a formal request in the form of a reasoned opinion to amend its legislation concerning the tax rules according to which non-resident partnerships in Greece are taxed more heavily than those resident in Greece. The Commission is of the view that these rules are discriminatory and incompatible with the EC Treaty, which guarantees the freedom of establishment. Greece acknowledges that there is a minor difference between the tax rates for domestic...