Thursday, 19 October 2017

Greece, Changes in Property Taxation, ENFIA? Real Estate, Progressive Wealth Tax Plans




From Kathimerini: Στα σκαριά φόρος μεγάλης ακίνητης περιουσίας/ Σχέδιο επαναφοράς του φόρου μεγάλης ακίνητης περιουσίας  - "The reintroduction of real estate tax and the abolition of ENFΙΑ is being considered by the government for next year, provided that the committees are able to equalize objective values ​​with real estate sales prices. Deputy Finance Minister K. Papanatsiou, speaking yesterday at the Prodexpo conference, noted that "our aim is to replace EFFIA with a tax on wealth that will be progressive".

eKathimerini English article: Large Property Tax being mulled

"The government is considering getting rid of the Single Property Tax (ENFIA) and bringing back the Large Property Tax (FMAP) next year, provided that Finance Ministry committees manage to harmonize property prices used for tax purposes (known as “objective values”) with actual market rates".

Large Property Tax to be charged per family, eKathimerini


Other news (update): IMF’s Thomsen: Maturities Extension is Enough for Greek Debt Sustainability, Greek Reporter, 24 October


Report: Greece losing businesses to Bulgaria and freelancers to Cyprus, Tornos News



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