INTRODUCTION
Greece is a country located in Southern Europe on the southern end of the Balkan Peninsula and includes an archipelago of about 2,000 islands. Greece has land borders with Albania, Macedonia, Bulgaria, Turkey, the Aegean Sea, the Ionia Sea and the Mediterranean Sea.
Greece has a market economy in which the prices of goods and services are determined in a free price system. Key sectors of the economy include tourism, shipping and agriculture, as well as food processing and manufacturing of textiles, pharmaceuticals, telecommunication equipment and others. The country is open to foreign investment and provides investment incentives for most sectors.
Currency is Euro (EUR)
Abbreviations:
| APA | Advance Pricing Agreement |
| CbC | Country-by-Country Reporting |
| CFC | Controlled Foreign Company |
| CUP | Comparable Uncontrolled Price |
| DTA | Double Tax Agreement |
| EEA | European Economic Area |
| EU | European Union |
| EUR | Euro |
| OECD | Organization for Economic Cooperation and Development |
| PIC | Portfolio Investment Companies |
| PE | Permanent Establishment |
| TP | Transfer Pricing |
| REIC | Real Estate Investment Companies |
| REIF | Real Estate Investment Funds |
| UCITS | Undertakings for Collective Investment in Transferable Securities |
| VAT | Value Added Tax |
| WHT | Withholding Tax |