Our firm’s practice groups and team members have been recognised once more in the most recent IFLR1000 rankings, announced today. Banking & Finance has received a Tier 1 ranking and M&A, Capital Markets and Project Development respectively are ranked in Tier 2.The people of Zepos & Yannopoulos are recognised for their innovative legal thinking and effective solutions provided to clients. Stefanos Charaktiniotis, head of M&A, was distinguished as Highly Regarded lawyer. Athina Skolarikou, head of Corporate & Commercial, Anastasia Makri, head of Energy, and Dimitra Rachouti, partner, were recognised as Notable Practitioners. Sofia Chatzigiannidou, head of Public Procurement & Concessions, and Paris Tzoumas, head of Finance, were named Rising Star Partners. Finally Ant...

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. ...

Our Tax Controversy & Litigation practice represented a private client before the Court of Appeals on an income tax adjustment.The Court of Appeals reversed an income tax reassessment correcting the tax base of the private client we represented on grounds of existence of inbound bank transfers from foreign bank accounts. The Court held that since the sums that were the subject matter of the tax audit under review, were previously in deposit in joint bank accounts overseas, a tax base correction on grounds of a property increase coming from unknown or non-recurring sources could not be upheld.The team included Dimitris Gialouris, partner, and Eirini Tsiosta, senior associate. ...

Zepos & Yannopoulos successfully litigated for a multinational pharmaceutical and cosmetics company in a Transfer Pricing case before the Court of Appeals.  More specifically, the Court of Appeals reversed a transfer pricing adjustment by the tax authorities. The Court held that the tax reassessment undergoing judicial review was not permitted as it concerned a taxable period in respect of which it was sufficient to hold an unreserved tax certificate issued by the company’s auditors (this possibility being no longer sufficient). Also, the Court ruled that in transfer pricing cases tax authorities must validly establish the existence of indications of transfer pricing infringements prior to the initiation of tax audits aimed at investigating such alleged infringements.Our core team...