Greece has recently introduced a tax leniency program providing potential relief from penalties, interest and surcharges in relation to outstanding tax liabilities, including those in dispute. The program applies for tax debts that have become overdue up to 1 March 2015, and tax debts that will be assessed up to 26 May 2015.
Subject to certain conditions, taxpayers will be subject to 3% annual interest on the tax due (standard interest penalty is 1.5% per month), and be eligible for full or…