Greece
Economy
Property Taxes to Be Reduced For Greek Businesses and Individuals
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...
Greece
Property Taxes Continue to Increase While Owners' Revenues Decline
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...
Crime
Council of State Rules ENFIA Property Taxes Illegal in Four Cases
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...
Economy
Property Taxes Could Leave Greeks Homeless
During the conference of the Hellenic Property Federation (POMIDA) which was held on Saturday in Athens, the president of the Federation Stratos Paradias, underlined in his remarks the urgent need to change the legislative framework on the new property...
Economy
Greece's Property Taxes Among Highest in EU
According to data presented by the Hellenic Federation of Property Owners (POMIDA), Greece is at the top of the list with the highest property taxes paid in the EU.
As far as the taxation of property income is concerned, out of...
Economy
Ancient Olympia and Panathinaikon Stadium Owe €4.5 Billion in Property Taxes
The Greek state never ceases to baffle onlookers. The latest blunder came at the hands of the Finance Ministry tax staff, who recently sent a massive property tax bill (ENFIA) to the Hellenic Olympic Committee for the Georgios Karaiskakis football...
Greece
Taxes on Greek Property 7 Times Higher than 2009
The number of Greek homeowners who will have to pay property taxes is reaching the 5.5 million mark. In 2014 property taxes are seven times higher than in 2009. Greek homeowners will have to pay 715 million euros in...
Economy
Greece Ignores Court Order on Property Taxes
A hated 100 percent property tax surcharge put into electric bills by former finance minister Evangelos Venizelos, now the head of the PASOK Socialists, will keep being collected, despite a court order ruling it’s illegal, Greek government officials said.
Venizelos,...
Economy
Greek Poor, Disabled, Avoid Power Cuts Over Property Taxes
The Greek Finance Ministry has issued new guidelines stating that the most vulnerable groups in[...]
Greece
Nationals Living Abroad with Greek Property Have Additional '11 Taxes Imposed
Greeks living abroad have a tax imposed with their 2011 tax return. Those who have a home, apartment or house, purchased or inherited in the past and that had not been rented during the year 2010, will be taxed 5%...
Economy
Greece Has Third-Highest Property Taxation Rate in EU, After the UK and France
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...
Economy
Crisis-Stricken Greeks Must Pay 5.5 Billion Euros in Taxes
As of next Monday, 4.3 million Greek taxpayers will have a 5.5 billion euro tax bill that is due and payable to the State by the year's end. This amount equals the projected growth of the entire Greek economy this past year.
By...
Crime
Greece's Highest Court Confirms Church Must Pay Tax for Rented Property
The Council of State on Wednesday decided that the obligatory property tax on Church of Greece rental properties is correct.
With three separate decisions (1731-1733/2018), Greece's highest administrative court rejected the Church of Greece objection to pay approximately €2.9 million in...
Economy
One Million Property Owners Throughout Greece Brace for ENFIA Increases
According to the property tax notifications that the government started distributing Tuesday night, property owners throughout the country are in for a dramatic increase on their ENFIA bills.
The raise in ENFIA comes from an adjustment in property rates, resulting...
Greece
Greek Rental Property Tax Platform to Go Online by End-August
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...