Greece

According to data released recently by the OECD and Eurostat, Greece ranks third in the European Union in terms of the taxation it imposes on its citizens' properties. The only nations taxing their citizens more than Greece are Great Britain...

The government's new tax legislation, which was brought before Parliament last week, envisages more favorable provisions for taxpayers, both private and corporate, to settle their debts with tax agencies. Under the proposed legislation, which will be debated and voted on...

The new Greek government will introduce new legislation before Parliament by the end of July which would reduce the Single Property Tax (ENFIA) by approximately 30 percent for all property owners within a couple of years, starting in 2020. According...

Greece holds fourth place in the EU regarding the issue of property taxation, according to a study conducted by the Foundation for Economic and Industrial Research, or IOBE. The study also found that in comparison with 2007, Greece’s real estate market...

An electronic tax platform for registering short-term rentals like AirBnB will be up and running by the end of August, the governor of the Independent Authority for Public Revenue (AADE) Giorgos Pitsilis said on Friday. In comments at an Antenna...

New rates of tax for property owners will go before Greece's parliament on Wednesday. The country's Finance Ministry on Tuesday published details of new zone rates, which analysts say will see nearly a quarter of Greeks pay less Unified Property Tax...

Another case of bureaucratic inefficiency was recorded this week, when earthquake-stricken inhabitants of Lesvos island are obliged to pay ENFIA property taxes for their ruined houses. After the late July earthquake in Kos island which devastated houses in neighbouring Lesvos,...

Digital Policy Minister Nikos Pappas has approved an amendment that exempts Mount Athos monasteries from paying any pending property tax. The amendment, also signed by SYRIZA MPs Panos Skouroliakos, Giorgos Lazaridis and Centrist's Union MP Giannis Saridis, exempts the monasteries...

The currency card specialist FairFX recently conducted a survey which showed that Greece ranks third on the list of the top 10 best value destinations to buy a holiday home for Britons. However, for Greek property owners, the story...

In 2016, Greeks were called to pay seven times more in property taxes compared to 2009, even though they had to deal with a 25 percent drop in GDP and similar unemployment percentages. According to figures from the tax office,...

Following appeals from taxpayers to look into the way in which ENFIA property tax is calculated in Greece, the country's highest court, the Council of State has ruled in favor of the plaintiffs. According to the Council of State, ENFIA...

More and more Greeks have turned to credit cards to help them in paying their income and property taxes, according to the Greek newspaper Kathimerini. According to their data, the total amount of taxes put on credit cards in 2016...

New Democracy chief Kyriakos Mitsotakis on Thursday pledged that he will slash the single property tax (ENFIA) by 30 percent within two years if his party comes to power. Mitsotakis gave an interview on SKAI television, one of the two...

Finance Ministry sources attribute the new gap in public revenue to the transfer of the first installment payable for the single property ENFIA tax for September rather than July. They are concerned that the 30-billion-euro target will not be...

The unified property tax (ENFIA), which will be paid by 7 million citizens, will start being posted on the online TAXIS platform on August 29, it was announced on Wednesday. The government hopes to raise 2.65 billion euros in revenues,...