Saturday 27 April 2013

Greece, More Property Tax Issues


Kathimerini article (in Greek)

Update, from EuroIntelligence:

"The Greek Finance Ministry’s plans for the 2014 property tax are some €1bn off the target for €3.2bn in revenues, writes Kathimerini. The new property tax will exempt small properties valued up to 50,000 euros, allowing a tax benefit of €2bn-€2.3bn, which have to be covered by other property categories. To meet the target, one idea is to levy a high tax rate on properties about €300000. Corporate properties may also be taxed, depending on the purpose of their use. Properties utilized by the Church could be taxed at a rate of 0.1-0.%"

Kathimerini article, in Greek

In English

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