Successful appeal against Euro 4M airline extraordinary contribution

Successful appeal against Euro 4M airline extraordinary contribution

Our tax litigation team has successfully challenged before the Court of Appeals the legality of assessing the extraordinary contribution on profits of enterprises (that was introduced for years 2008 and 2009) on an international airline company that has a tax exempt status. In the background of unfavourable previous case law on this matter, our team achieved the annulment that amounted to EUR 4M, establishing that the respective right of the tax authorities to proceed with the assessment had been prescribed.

Leading lawyers: Alex Karopoulos and Dimitris Gialouris