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Greek government to apply harsher property taxes to battle public dept

23 March 09 - RE+D Magazine
Greek government to apply harsher property taxes to battle public dept

COMPANIES

GAIAOSE S.A.

Agency - GREECE

PEOPLE

In an effort to tackle the huge public deficit, the Greek government will reinstate the property taxes abrogated last year, according to information coming from the parliament. More specifically, these plans include reinstating inheritance taxation coefficients and parental benefits, as well as applying other tax regulations, such as increasing the ETAK law coefficient for the large property owners, from 0.1% today to 0.2%.

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