Our tax litigation team successfully represented a leading company in the oil and gas industry in a €6.84M tax dispute concerning the recovery of the amount of tax corresponding to tax-free reserves created according to the provisions of tax incentive Law 3220/2004. The tax benefit was initially considered as unlawful state aid following the EU Commission’s order to the Greek State to recover the aid. Our tax litigation team managed to achieve a favourable decision by successfully arguing that the investment in respect of which the tax incentive had been granted was an eligible investment for the protection of the environment.
Leading lawyers: Spyros Maratos and Dimitris Karoutis