The European Commission decided on 25 July 2019 to send a reasoned opinion to Greece regarding issues with the differing treatment of domestic and foreign losses.
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Taxation: Commission urges GREECE to align its rules regarding the limited deductibility of foreign losses
The Commission today decided to send a reasoned opinion to Greece in respect of income tax legislation which limits deductibility of foreign losses, as interpreted by guidelines issued by the Greek tax authorities. Whi…