Greece is preparing a major change to the way it decides which companies count as "investment entities" for international tax-information exchange under the CRS and FATCA systems. These systems are global agreements that require countries to share financial information in order to prevent tax evasion. Because of the change, many more companies in Greece may now fall under these rules and will have to report more information to tax authorities. Until now, Greece determined whether a company qualified as an investment entity by looking at its net income-the money left over after expenses and taxes. Under a new draft bill from the Ministry of National Economy and Finance, the government will instead examine gross income, which is the total revenue a company earns before subtracting any costs. Gross income is almost always higher, so using this measure will result in more companies being classified as investment entities. Investment...