Our Tax Controversy & Litigation practice successfully represented a leading oil and gas company in a VAT case.
More specifically, the dispute in question had arisen from a VAT assessment based on an assertion that our client had made alleged sales without having charged VAT. The appellate court held that the relevant VAT reassessment violated the res judicata (i.e. the principle that a certain matter cannot in certain circumstances be litigated again), since courts had already found that the taxpayer had not concealed any transactions. On this basis the Court of Appeals dismissed the State’s allegations.
Our team was led by partners Spyros Maratos and Dimitris Gialouris.