Greece to suspend implementation of 15% capital tax on property transactions

TornosNews.gr 05.12.2018 | 18:55
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Greece to suspend implementation of 15% capital tax on property transactionsThe government aims to avoid imposing any additional burdens on the real estate market

The Greek government will suspend the implementation of a 15 pct capital tax on real estate property transactions, ANA reported on Tuesday.

The sources said that the government was expected to table an amendment to Parliament that suspends the implementation of a capital tax on real estate property transactions by December 31, 2019. The tax was legislated in 2014 but has not yet been implemented. The government aims to avoid imposing any additional burdens on the real estate market.

RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations , Greek travel market, Greek tourism statistics, Greek tourism report

Photo Source: Wikimedia Commons Copyright: Tilemahos Efthimiadis  License: CC-BY-SA 

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