Tag: Stamp duty
Tax levied on legal documents, instruments, and transactions such as loan agreements and share transfers. In transfer pricing contexts, stamp duty arises where intra-group financing or asset transfers trigger documentary taxes, with authorities scrutinising whether obligations were properly recognised and discharged.
Greece vs “Exchange Services Ltd”, May 2024, Administrative Tribunal, Case No 1555/2024
A Greek foreign exchange services company granted loans to a related party in FY 2018 and 2019 but failed to submit transfer pricing documentation when requested during a tax audit. The Greek Administrative Tribunal upheld fines imposed by the tax authority and confirmed the disallowance of inadequately documented cost deductions, rejecting the taxpayer's appeal in full in May 2024 ... Read more