ENFIA tax applies until 2031
The new development law provides that large portion of state revenue will come from property tax (ENFIA) that SYRIZA had promised to abolish. But, instead, the law will apply for at least 15 years more.
Even, though, the current government had promised during its election campaign to abolish the ENFIA tax, it has now decided to establish it for at least 15 years, as the analysis of the possible income sources mentioned in the new development law shows: 301.2 million euros come from direct foreign investments, 572,5 millions from VAT tax, 522.1 million euros from social security contributions, 54.4 million euros from ENFIA tax that will apply until 2031.
You may be interested
EU Poll: Greeks overwhelmingly convinced of widespread corruptionmakis - Dec 12, 2017
Corruption in Greece is an ongoing political issue, that has been debated to death over the past 35 years. Now…
Turkish PM Yildirim escalates rhetoric against Greecemakis - Dec 12, 2017
Two days before his arrival in Greece, Turkish PM Binali Yildirim directly disputed the current Status Quo in the Aegean…
One in three Greeks unable to afford basic material goodsmakis - Dec 12, 2017
One in three Greeks or 32% in 2016 were unable to enjoy basic material goods and social benefits, according to…