Readjusted objective tax criteria for property in Greece cited in Commission’s positive compliance report
Readjusted objective tax criteria for real estate are on the agenda in Greece for 2019 and 2020, with the aim being a harmonization of commercial rates with the rate in which the state imposes an annual – and still highly unpopular – property tax (ENFIA).
The development was specifically listed in a compliance report published on Wednesday by the EU Commission, ahead Thursday’s closely watched Eurogroup meeting, where the Greek program is expected to dominate the agenda.
At the same time, changes in the tax regime for shipping activities is foreseen.
As listed in the compliance report, the ESM program for Greece is moving in “on track”, essentially the “green light” for concluding the fourth review of the ongoing bailout and disbursing the remaining low-interest loans still pending the third – and last – memorandum program.
You may be interested
Teleworking in Greece extended until December 31stPanos - Nov 30, 2020
Teleworking for businesses able to implement distance working due to Covid-19 has been extended until December 31st, Greek authorities have decided. The…
PM Mitsotakis: Covid-19 vaccine free for the publicPanos - Nov 30, 2020
Prime Minister Kyriakos Mitsotakis said that the Covid-19 vaccine would be given to the public free of charge during his…
Impressive joint Geek-Egyptian navy exercise sends message (photos)Panos - Nov 30, 2020
The Greek and Egyptian navies conducted joint exercises on Saturday in the wider sea area south of Karpathos. The PASSEX…