2017 | Tax implications of merger procedure

CLIENT:

Greek Multinational Group

 

PRACTICE:

Tax Law

 

PARTNER WHO LED THE ADVICE:

Martha Papasotiriou

Our team advised on the tax implications of the merger, specifically the potential advantages of merging the Greek subsidiary with a subsidiary based in another EU country to benefit from the EU’s directives on cross-border mergers.

Until very recently, Greece did not possess a legal framework governing cross-border mergers. We therefore advised on the new law regulating this area.

Finally, we provided tax advice in relation to the tax and legal implications arising in the hosting country.