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Property Tax in Greece Went Up Sevenfold in 7 Years
In 2016, Greeks were called to pay seven times more in property taxes compared to 2009, even though they had to deal with a...
Avoiding Capital Controls: Real Estate Revenues From Foreign Buyers Deposited in Banks Abroad
The majority of revenues of Greek luxury real estate transactions acquired by foreign nationals remain in banks outside of Greece, sources have reported.
In fact,...
Greek Deputy FinMin: If You Can't Pay Inheritance Tax, Give Us the House You Inherited
Greece's Deputy Finance Minister Tryfon Alexiadis said in parliament on Thursday that those who inherit a house and cannot afford to pay the inheritance...
Greece Comes 8th Among 42 Countries in Taxing Income from Rents
Greece ranks in 8th place among 42 European nations in taxing income coming from rented properties, says a Global Property Guide report.
The new tax...
Greeks Paid €1 Bln More in Taxes in June, Government Says 'We Empathize With People'
Greeks paid one billion euros more in taxes in June compared to last year, but the additional state revenues come from new taxes and...
Bank of Greece: Real Estate Prices will Continue to Drop
Real estate prices in Greece will continue to drop in the next few quarters, a Bank of Greece report says.
The central bank's report on...
PwC Report: Greece's High Tax Rates Not Reflected in Revenues
Greece's tax system has very high taxation rates that fail to bring in proportionately high revenues, even though the "tax behavior" of its citizens...
Fears of Grexit and Drachma Drives Greeks to Unload Hidden Cash in Real-estate
As the outrage mounts in Greece over even tougher austerity measures and €5.4 billion budget cuts, the fear of a Grexit and revival of...
New Tax Avalanche for Greeks to be Tabled in Parliament
A new series of taxes will be tabled soon in Greek Parliament after Sunday's vote on taxation and security fund reforms.
The memorandum between Greece...
Greece Proposes New Taxes to Creditors to Close Fiscal Gap
The Greek government proposed to creditors new taxes and levies on cars, fuel, real estate, mobile telephony, internet connection and cable television in order...


