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New transfer pricing rules; First-time thin capitalization rules

|Approved Changes|Greece
Greece

The parliament recently enacted an Amendment of the Income Tax Code, as follows:

New rules on transfer pricing

The new rules aim to modernize the outdated TP rules provided in Art. 39 of the Income Tax Code, by reference to:

-   the EU Code of Conduct on Transfer Pricing Documentation for Associated Enterprises in the European Union (EU TPD); and
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