HIDE

Other Publications

Insights

Publications

Tax Issues Faced by Foreign Persons Investing in Greek Commercial Real Estate

Tax Issues Faced by Foreign Persons Investing in Greek Commercial Real Estate

Greece’s diverse real estate market has become an increasingly attractive destination for foreign investment. The Mediterranean climate, rich cultural history, and growing economy make the country particularly appealing to investors looking for residential and commercial properties. Greece’s investment landscape is further enhanced by favorable tax incentives, such as the Non-Dom tax regime, the tax regime for pensioners, the tax regime for employees and freelancers, the family office regime, and the Golden Visa program. In their article, Natalia Skoulidou, a Partner of Iason Skouzos Tax Law, Athens, and Aikaterini D. Besini, a Senior Associate at Iason Skouzos Tax Law, Athens, provide a comprehensive overview of the tax landscape for foreign investors investing in Greek commercial real estate. Their article outlines the key tax considerations at each stage of the investment process to help investors navigate the complexities of Greece’s tax system in order to make well-informed strategic decisions. The outcome can be quite favorable to investors from abroad.

Read More

An American In London: Due Diligence Observations

An American In London: Due Diligence Observations

Performing due diligence on private companies for a potential merger or acquisition has been described as an exercise in educated guessing.  The quality of the target’s financial information, potential hidden liabilities, financing, and similar deficiencies may result in a valuation that is neither straightforward nor reliable.  When the target is abroad, the culture, language, and business norms may cause the educated guess to be more guess and less educated.  Knowing how to overcome this dilemma is a skill set that can be obtained only through experience.  Nick Magone, founder of Magone & Company, P.C., in Roseland, New Jersey, shares his experiences in performing due diligence on potential target companies in the U.K.  His advice?  Numbers are only the beginning.

Read More

Corporate Matters: Initial Steps in Selling a Privately Held Corporation

Disclosure of information is a problem often encountered when representing the owners of a privately held business that is for sale.  What should be disclosed?  What should remain confidential?  How is confidential information protected?  These and other matters will arise in connection with the sale of a business.  Owners often hate disclosure, while prospective purchasers demand as much as possible, and delegate the task to officious lawyers and accountants.

Read More

A Layman's Guide to FATCA Due Diligence and Reporting Obligations

Published by Bloomberg BNA in Tax Management International Journal, 42 TMIJ 75: 2013.

Read More