The most important development that took place with regard to Greece’s transfer pricing regime was the enactment of Law 4337/2015 and inclusion of revised transfer pricing penalty in adjustment in new law. As per Law 4337/2015, additional tax between 5% and 20% of the tax amount resulting from transfer pricing adjustment on the basis of the initial tax return may trigger penalty of 10% on the difference and additional tax greater than 20% but less than 50% of the tax amount resulting from transfer pricing adjustment give rise to penalty of 25% on the difference. If additional tax is greater than 50% of the tax amount resulting from transfer pricing adjustment on the basis of initial tax return then the penalty will rise to 50% on the difference.
Related Posts
Greece unveils new foreign investment incentives
Greece’s Ministry of Development has opened public consultation on 1 September 2026 on a draft bill proposing new
Read More
Greece: AADE extends tax deadlines for Lesvos sectors
Greece’s Independent Authority for Public Revenue (AADE) has introduced tax relief measures for businesses and
Read More
Greece: AADE targets tourist vessel tax compliance
Greece’s Independent Authority for Public Revenue (AADE) has identified tax violations on 12 of 26 tourist vessels
Read More
Greece publishes 2024 tax regime jurisdiction list
Greece has listed 42 jurisdictions as having preferential tax regimes for the 2024 tax year under Decision No. A. 1160
Read More
Greece simplifies application process for investor flat-tax regime for new tax residents
Greece’s The Independent Authority for Public Revenue (AADE) has simplified the application process for the
Read More
Greece enacts sweeping law on housing, debt settlement, energy relief and tax measures
Greece has enacted Law 5313/2026, published in Government Gazette A' 102 on 25 June 2026, introducing a broad
Read More