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Greek assembly approves real estate property tax amendment

Update Date:2018-01-08 13:55:34     Source:www.3737580.com     Views:330

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ATAHK reads from China Daily that the Greek assembly approved on Thursday a real estate property tax amendment which foresees discounts for taxpayers under certain criteria. For details, please refer to the following news from China Daily on September 11th:


The amendment was passed despite strong objection by opposition parties and property owners who say the tax is "unbearable" for the average household and enterprise.


A total of 51 deputies -- of the conservative and the co-ruling socialist party -- voted in favor, 38 MPs opposed the amendment and six legislators abstained from the vote in the parliament's summer session.


Critics of the amendment included lawmakers from the ruling coalition who said that discounts such as the 20 percent reduction in the levy of homes with no electricity were insufficient for Greeks struggling with over taxation after six years of recession.


A few days ago, Greek Prime Minister Antonis Samaras promised a series of tax relief measures to ease the burden of taxpayers as Greece returns to growth this year.


Critics of the government's economic policy claim that the relief moves are "a drop in an ocean of irrational tax burdens."


They pointed to cases of taxpayers who are asked to pay real estate property tax for houses that they have lost to banks due to debts in recent months.


Addressing the parliament ahead of the vote, Greek Finance Minister Gikas Hardouvelis said that the government continuously works to improve the taxation framework.


He stressed that the tax, among other policies, was necessary to keep Greece on the right track to overcome the debt crisis.

 

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