Fiscal Developments in Greece and Worldwide

24 November 2016

The international tax scene has changed significantly in terms of transparency and tax avoidance, while additional changes in the tax regimes and tax legislation are expected in the years to come. To this end, Baker Tilly in South East Europe has organised a series of successful Tax Conferences, in Greece and in Bulgaria, on 'Current and Expected Fiscal Developments in Greece and on a Global Level".

In Greece, the Conference took place at the Megaron Athens International Conference Centre and in Sofia, it was organised in association with the Hellenic Business Council in Bulgaria under the auspices of the Embassy of Cyprus in Bulgaria.

The Conferences were attended by prominent Greek and Bulgarian business personalities, who had the opportunity to be informed about the latest tax developments, by the experienced professionals of Baker Tilly. The areas discussed, included among others, the automatic exchange of information by banks and other financial institutions, the efforts by the EU and the OECD to combat tax avoidance, as well as information on tax audits and the provisions for wealth registry in Greece.

Mr. Neofytos Neofytou, Head of Tax Services of Baker Tilly in South East Europe commented ‘’The Conferences’ aim was to inform the Greek and foreign businessmen on the changes made and those expected to be made in the above mentioned areas in order to consider possible ways to change the tax planning of companies which operate locally and internationally, through the rational treatment of developments in the field of transparency and tax practice''.

It is worth mentioning that Baker Tilly in South East Europe commenced its operations in Bulgaria in 2005 and in Greece in 2015 through an office in Athens and recently expanded its operations by opening an additional office in Thessaloniki, offering a wide range of audit, tax and advisory services.

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