The Greek Public Revenue Authority has published Circular A. 1231 of 20 October 2020 concerning the exit tax requirements, including exit tax returns requirements and requirements for the deferral of exit tax. In accordance with EU law (ATAD), Greece allows for the deferral of exit tax through payment in installments over five years where the assets, tax residence, or activity of a taxpayer is transferred to another EU/EAA Member State.
As provided in the Circular, a letter of guarantee is …