1. Which assets are subject to real estate transfer tax and who is obliged to pay the tax due? Any transfer of real estate (reciprocal contracts) and transfers of ships flying the Greek flag. The tax debtor is the acquirer. 2. Which tax office is responsible for filing the tax return? Before any real estate transfer, the parties must jointly submit a real estate transfer tax return to the tax office...
The Greek government's economic staff will give a major boost to the real estate market by reducing the taxation of real estate transfers in the new year. The aim is to encourage foreign investment by reducing the real estate tax during the signing of the contracts. According to the government plan, the standard value is no longer to be used as a basis for determining real estate transfer tax. From 2015...
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