The new edition, edited by the Astbooks writing team, is updated with all decisions regarding the law, with the latest being A.1140/23.6.2021, concerning the taxation of property ownership for legal entities that have transformed under the provisions of laws 4601/2019 and 2166/1993, and is enriched with practical applications and issues related to various transformation cases.

Additionally, it follows the aforementioned structure of the law, including after each article: Correspondence with the previous provisions of law 2190/1920, law 3190/1955, or any other relevant law. Article-by-article analysis with interpretation of the provisions, including – where deemed appropriate – tax and/or accounting treatment.

Practical issues of transformations posed as questions to the Astbooks inquiry service, which have been answered by our scientific team, in order to assist the reader in addressing similar issues.

By way of example, the following are mentioned:

• Spin-off of branches in partnerships with the establishment of new companies
• Application of special anti-abuse rules during the merger by absorption of single-member anonymous companies of the same person
• Contribution of a sole proprietorship to a newly established partnership
• Acquisition of a Greek company by a foreign legal entity
• Absorption of an IKE by a partnership
• Submission of income tax declaration in case of splitting a business activity branch with the aim of establishing a new company
• Conversion of a sole proprietorship into a joint stock company

Practical application concerning a real case of the merger of a joint stock company with the absorption of a partnership, which presents in detail the process from the decision-making to the financial and accounting valuation and consolidation, as well as practical templates and reports from auditors.