Greece's Public Revenue Authority recently published Circular POL 1142/2015, which provides guidance on the rules regarding the determination of related parties for transfer pricing (TP) purposes, and rules on TP documentation and comparables.
Related Parties
Parties are deemed to be related when:
- One party directly or indirectly holds the shares, rights to profits, or voting rights representing at least 33% of the total shares of the other party; or
- When one party has control of or domin…