Our firm successfully represented the Greek subsidiary of a leading IT group in a dispute related to Corporate Income Tax of a total amount of approx. €3M before the Supreme Administrative Court.
In particular, the dispute related to the deductibility of a 10% mark-up of administrative support expenses, which was deemed to be the profit of the affiliated supplier company. The Court accepted the company’s argumentation invoked in the sense that should the conditions set forth in law and case law regarding the deductibility of corporate expenses be met, the latter should be fully deductible, irrelevant of any other distinction between cost and profit of the supplier.
Zepos & Yannopoulos team was led by Spyros Maratos, partner, assisted by Dimitris Gialouris, partner.