Newly enacted law 4714/2020 amends the advance pricing agreement (APA) rollback rules in Greece.
Law 4714/2020 amends existing APA provisions (Article 22 of law 4174/2013) to comply with the “minimum standard” under Action 14 of the OECD’s base erosion and profit shifting (BEPS) project relating to the rollback rules for APAs. The new provisions are effective as of 1 January 2014.
The new measures provide:
Read an August 2020 report [PDF 411 KB] prepared by the KPMG member firm in Greece
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