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GreeceBusinessLower ENFIA positively received by real estate market in Greece

Lower ENFIA positively received by real estate market in Greece

Hellenic News of America
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The finance ministry released the previous week the main guidelines of the new Uniform Real Estate Ownership Tax (ENFIA), according to which eight out of ten property owners, corresponding to about 5 million taxpayers, will pay a lower property tax than they paid last year.
Market representatives who spoke to the Athens-Macedonian News Agency (ANA) said that the decision to reduce ENFIA is a positive one, which on the one hand contributes to the support of households and businesses and on the other hand is a tool for economic development.
According to the new ENFIA, 14 pct of property owners, about 875,000 taxpayers, will pay the same tax they paid last year.
Of the remaining 6 pct, ie 375,000 property owners, half, ie 187,500 taxpayers, will have a surcharge of up to 50 euros and the rest depending on the zone where their properties are located.
The measure of the reduction of ENFIA was positively received by the people of the market, who characterised it, in statements to the Athens-Macedonian News Agency, as developmental. The president of the Economic Chamber of Greece, Konstantinos Kollias, stated that “the reduction of ENFIA strengthens the development dynamics of the Greek real estate market.”
The president of the International Chamber of Commerce, Vassilis Korkidis, underlined that “the government proves once again the consistency of its words and deeds for a stable cumulative de-escalation of direct and indirect taxes.”
On his part, the president of the Athens Chamber of Commerce, Yiannis Hatzitheodosiou, noted that the government’s decision is in the interest of the taxpayers and this can not be doubted by anyone.

SOURCE: AMNA

The copyrights for these articles are owned by the Hellenic News of America. They may not be redistributed without the permission of the owner. The opinions expressed by our authors do not necessarily reflect the opinions of the Hellenic News of America and its representatives.

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