'highly experienced and efficient ... excellent ... work is done very quickly'
Chambers Europe 2023
'highly professional and very much attentive … very responsive and keeps us updated all the time … availability, professionalism, clear advice and instructions on the way forward’
The Legal 500 EMEA 2023
'very sophisticated and informed … deeply and well aware of all relevant considerations … have made what seemed to be a really complicated issue quite a smooth process'
Chambers High Net Worth Guide 2022
We have a fully comprehensive tax practice which advises private and public companies, partnerships and individuals, both on a standalone basis and as part of an integrated service across our transactional and disputes teams.
We identify, anticipate and deal with tax issues, risks and compliance arising in a business or private context. We have represented clients in relation to the amendment of adverse legislative provisions and submitted reports to the Ministry of Finance proposing legislative changes, with a focus on tax incentives for attracting foreign investors.
Corporate Advisory
We have extensive experience in advising on company structuring, operation, planning and policy, asset ownership, executive and employee remuneration and benefits from a tax perspective. Our aim is to provide innovative solutions to complex issues, such as mitigating regulatory risk and meeting challenges and to prepare our clients for legislative changes. Our practice works closely with correspondent law firms and advisors on cross-border structuring and liability, the effect of double taxation treaties and transfer pricing. We also advise on VAT and all other types of indirect taxes and the tax treatment of the provision of services and supply of goods.
Corporate Transactional
Our team provides highly technical advice on the tax structuring, planning and implementation of a wide variety of corporate transactions, including securities offerings, financings, cross border and local mergers and acquisitions, reorganisations, restructurings and insolvencies, as well as inward and outward investments. We place emphasis on factoring in the risks of prospective or retrospective changes to legislation which will affect the life of a transaction or investment. Many of the deals we advise on have a cross-border aspect or involve companies which are active globally, and we work with international advisors and law firms to meet the challenges such transactions present and assimilate the obligations of the countries involved. We also advise extensively on the direct and indirect tax aspects of the sale and purchase of real estate and other assets.
Investigations & Disputes
Our team has extensive experience in acting in tax controversy matters arising from liability to a wide variety of issues, including corporate and personal tax, indirect taxes, regulatory and legislative compliance, transfer pricing, tax adjustments and accounting, bad debt provisions, fund transfers abroad and debt to equity issues. We represent individuals, partnerships and corporations in investigations, audits and dawn raids, and before the Tax Authorities and Administrative Courts and in challenges to Tax Authority decisions, technical enquiries, applications for rebates and settlements of fines and tax bills.
Wealth & Estate Planning
Our team is highly experienced in advising individuals and families on wealth and estate planning, the protection of assets, cross-border and domestic estate administration, the implications of the implementation of the OECD Guidelines and EU Directives on exchange of information. We offer advice on personal tax liabilities, post-death planning, co-ownership of assets and establishing family offices. We have an expertise in wealth and succession planning, often developing innovative structures to enable our clients to make use of, transfer and eventually devolve their wealth. We also represent clients in high value tax and estate disputes.
Recent Experience
CNH Industrial Acquisition of Augmenta Group
Within the context of CNH Industrial’s acquisition of Augmenta Group, we advised on tax law issues and performed tax due diligence on the target company.
Prodege Acquisition of Pollfish
We advised Prodege LLC, a cutting-edge marketing and consumer insights platform on tax law issues arising from their acquisition of Pollfish Inc.
Tax Issues in Net Metering Projects
We advise PV plant development companies on tax issues relating to their investment in Greece for the development of net metering photovoltaic projects.
Relocation to Greece
We advise and represent Greek high net worth individuals on tax issues arising in the context of their relocation to Greece under the newly implemented special regimes on investors, free lancers and employees and pensioners.
Tax Planning of Assets
We advise a Greek high net worth individual on their tax planning and necessary arrangements for assets located in Greece and Italy and advised on the tax planning of newly acquired assets located in the USA and the British Virgin Islands.
Tax Issues in Restructuring and Transfer of Business
We advised a water and waste management company on the restructuring of their Greek business and the transfer of business from the local branch to a purchasing entity. In the context of our involvement, we advised the client on the most efficient tax scheme, cash flows and establishing a local branch.
€5m Tax Dispute of Hospital CEO
We advised and represented the CEO of a Greek Private Hospital, on tax disputes with the Greek tax authorities for tax liabilities of a legal entity in which he was employed in the past as CEO. We succeeded to suspend all the precautionary measures implemented by the Greek tax authorities against the client.
HNWIs Advice on Estates and Restructuring
We advised two high net worth individuals on family estates issues and on the tax restructuring of their UK Group of companies.
Establishment of Foundation
We advised a high net worth individual on the establishment of a foundation in Greece for charitable purposes.
UHNWIs Relocation Implications
We advised two ultra-high net worth individuals with dual citizenship on tax implications arising from their relocation to Greece under the special non-domicile tax regime.
€1m Tax Audit
We advised and represented a Greek high net worth individual on tax issues arising in the context of a tax audit.
PIMCO Securitisation Tax and Duty Advice
We advised PIMCO on Greek tax and duty issues in connection with a portfolio of securitized receivables arising from electricity invoices in arrears (Zeus Portfolio) originated by the Public Power Corporation (PPC).
Medical Centre Tax Dispute
We represent a medical centre in their dispute with the Tax Authorities as result of a tax audit.
Tobacco Industry Tax Framework
We advised an international tobacco company in relation to the tax and legal framework of the tobacco industry in Greece and on the new tax bill that amended the Greek Customs Code on tobacco smuggling issues.
€21m Tax Litigation
We are acting on behalf of the former CEO of a Greek Group of companies active in the medical industry before the Greek Administrative Court of Appeals in a dispute with the tax authorities regarding the assessment of additional income taxes and penalties in the amount of €21m.
UBO Advice
We advise a group of companies in relation to issues arising from the registration of ultimate beneficial owners.
Car Manufacturers Entry to Electromobility Market
We advise several European car manufacturers in relation to tax and customs issues arising from its entry into the Greek electromobility market and the launch of electric vehicles charging services in Greece.
Corporate Income Tax Dispute
We advise a construction company on profits distributions and successfully represented them in litigation arising from the imposition of corporate income tax on a special purpose tax reserve, involving an innovative method of calculation of the reserve, a dispute without precedent in Greece, as well as in the context of a tax audit.
Source of Funds Declaration Advice
We are advising a leading Greek industrial company in relation to its obligation to submit source of funds declarations on behalf of certain BOD members.
Car Manufacturer Entry to Electromobility Market
We advise a European car manufacturer in relation to tax and customs issues arising from its entry into the Greek electromobility market and the launch of electric vehicles charging services in Greece.
