ShippingWatch

EU puts pressure on Greece in tax dispute

The European Union is waiting for a response from Greece regarding the country's lax taxation on shipping. The two sides are in dialog and the Commission is preparing potential next steps, a spokesperson informs ShippingWatch.

Photo: Petros Karadjias/AP/POLFOTO

Greece has technically missed the two-month deadline - which the EU Commission set for the government in Athens on December 21st 2015 - for a uniform and unconditional confirmation that the Greek government indeed intends to change several parts of the lucrative taxation for the country's large shipping industry.

If the answer is different, Greece could be close to a court case at the Court of Justice of the European Union (CJEU) in Luxembourg, as large parts of the country's tonnage taxation, according to the Commission, constitute illegal state aid.

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