Description of Taxation. The statements set forth in the Prospectus under the caption “Taxation,” insofar as they purport to describe the provisions of the laws and regulations of Japan and the United States, as the case may be, or legal conclusions with respect thereto, fairly summarize such provisions or conclusions and are accurate in all material respects.
Description of Taxation. The statements set forth in the Time of Sale Prospectus and the Prospectus under the caption “Taxation,” insofar as they purport to describe the provisions of the laws, regulations and documents referred to therein, or legal conclusions with respect thereto, fairly summarize such provisions or conclusions in all material respects.
Description of Taxation. The statements set forth in the General Disclosure Package and the Prospectus under the caption “Taxation,” insofar as they purport to describe the provisions of the laws, regulations and documents referred to therein, or legal conclusions with respect thereto, fairly summarize such provisions or conclusions in all material respects.
Description of Taxation. The statements set forth in the Prospectus under the caption “Certain U.S. Federal and Greek Tax Consequences,” insofar as they purport to describe the provision of the laws, regulations and documents referred to therein, or legal conclusions with respects thereto, fairly summarize such provisions or conclusions in all material respects; other than as described in the Prospectus (A) all dividends and other distributions declared and payable on the Securities may be paid by NBG to the registered holder thereof in U.S.$ and all payments in respect of the securities may be paid by NBG in U.S.$ and freely transferred out of the Hellenic Republic; and (B) all such dividends, other distributions and payments made to holders of the Securities who are non-residents in the Hellenic Republic and do not maintain a permanent establishment in the Hellenic Republic for tax purposes and all proceeds from the sales of Securities by such persons will not be subject to income, withholding or other taxes under the laws and regulations of the Hellenic Republic and are otherwise free and clear of any other tax, duty withholding or deduction in the Hellenic Republic, without the necessity of obtaining any consent, approval, authorization or order of any court or governmental agency or body of or the Hellenic Republic.
