Tax debt relief platform opens with up to 72 monthly instalments
Based on the planning of the Independent Authority for Public Revenue (AADE), the relevant option will become available on the myAADE digital platform in the coming days under the section “Debt Settle ...
High electricity prices are becoming Europe’s new “housing tax”
When real estate investors assess a market, they typically focus on property prices, rental levels, taxation and investment yields. Increasingly, however, another factor is emerging as a key indicator ...
Bank of Greece warns against accelerated deferred tax reduction in banks
As noted by the Bank of Greece, “recently, a proposal was put forward for a further acceleration of the amortisation of deferred tax assets, so that banks would begin paying tax sooner. It was stated ...
Property tax reforms introduce new ENFIA rules and fines for misreporting
The new provisions introduce significant changes to property reporting requirements, the calculation of ENFIA (the Unified Property Ownership Tax), and the obligations of property owners, tenants, and ...
AADE announces new general directorate of digital services and systems
This development, as stated in a press release by the Independent Authority for Public Revenue (AADE), represents a substantial step in the digital transformation of the tax and customs administration ...
AADE launches “myPoint” network for citizen tax services
“MyPoint” is the new in-person service model of the Independent Authority for Public Revenue (AADE) and operates as a complement to its digital services and the my1521 call center. Its aim is to provi ...
Tax incentives to boost the construction of new rental housing
The government's new Build-to-Rent initiative forms part of a broader package of measures included in a draft bill currently under public consultation by the Ministry of National Economy and Finance. ...
AADE enables correction of tax returns for 2024 retroactive earnings
The obligation primarily concerns employees and pensioners who received retroactive salary or pension payments last year, provided that the entities that paid them (employers, pension funds, etc.) hav ...
Tax authority to cancel fines for late declarations
A new penalty regime of the tax authority is entering into force for thousands of taxpayers and businesses who have already submitted (or will submit in the future) late tax declarations to the tax ad ...
New “Autonomous Local Tax” set to triple financial burden on property owners
According to the Panhellenic Federation of Property Owners (POMIDA), the provisions of the bill impose a threefold annual financial burden on property owners through a new dual tax in favour of munici ...
AADE issues updated instructions on usufruct and bare ownership taxes
According to the Property Tax Code, property acquired by a natural or legal person, or a legal entity, by reason of death, donation, or parental gift is, as applicable, subject to tax, and the liable ...
ENFIA tax bills issued for nearly 7M Greek property owners
ENFIA Tax Statements Now Available: Key Details for Property OwnersAccording to a report by ERT, the ENFIA tax statements will soon be accessible through the digital platform of the Independent Au ...