- 8 August 2021
- Posted by: amouzakis
- Category: Tax News
ENFIA, a tax that does not correspond to reality, since it takes into account objective values that have nothing to do with today's commercial values that have been precipitated.
In general, the over-taxation of real estate has reduced their commercial - real value, has frozen the real estate market and a number of related industries and has negative effects on the functioning of the economy. But above all, it has brought hundreds of thousands of taxpayers to despair, whose overdue debts to the tax office increase by more than 1 billion euros per month!
We must bear in mind for natural persons, that:
As of 2016, the 20% reduction in the main tax of vacant non-electrified properties does not apply.
From 2016, the rates for calculating the additional tax levied on the total value of the rights have been increased (note that the value of the parcels is not taken into account for the additional tax for 2017 and 2018).
From 2016, the rates for calculating the main land tax have been increased.
We must bear in mind for legal entities, that:
From 2016, the rates for calculating the main land tax have been increased.
From 2016, the additional tax exemption does not apply to real estate that is used for the production or exercise of any kind of business activity and is now taxed at a rate of 1‰ for the 2016 – 2017 ENFIA, etc..
From 2nd 2016, it increased the coefficient of the supplementary ENFIA from 5‰ to 5.5‰, while for the defined NPDD and NPID of a non-profit nature, as well as the Joint Stock Investment Companies in Real Estate the same coefficient increased from 2.5‰ to 3.5‰.
Also for both natural and legal persons:
Buildings after the plot corresponding to them, which are located in the municipal units of the Municipality of Lesvos of the North Aegean Region and on the island of Kos and have been proven to have suffered damage from the earthquake of June 12, 2017 and the earthquake of July 21, 2017, respectively, are exempt from the ENFIA for the years 2017 and 2018.
For 2017, ENFIA exempts the rights to the properties belonging to: the Public Real Estate Company (ETAD) SA and the Olympic and Bequests Committee (EEC), in accordance with paragraph 5 of article 10 of Law 4474/2017, as amended the relevant article 3 of Law 4223/2013.
ENFIA 2017 payment in five (5) installments:
1. Until 29/9/2017
2. Until 31/10/2017
3. Until 30/11/2017
4. Until 29/12/2017
5. Until 31/1/2018
For the ENFIA 2017 liquidation, all the assumptions that also applied to the liquidation of the years 2014, 2015 and 2016 apply, according to the POL. 1184/30-7-2014 and the POL. 1082/23-6-2016.
Granting of discounts and suspension of tax payment
1. By act of the Tax Administration, a 50% discount is granted to the taxpayer, his or her spouse and the dependent children of his family on the ENFIA certified to the above persons, if it is established that he is financially unable to pay the total debt for the relevant year.
The above discount is granted for the ENFIA due each year, as long as the following conditions are cumulatively met:
a) the total taxable family income of the previous tax year, in accordance with the provisions of Law 4172/2013 as applicable and any other relevant provision, does not exceed 9,000 euros, plus 1,000 euros for the spouse and each dependent member.
b) the total surface area of the buildings in which the person subject to the income tax declaration, his or her spouse and dependent children of his or her family own the rights referred to in paragraph 2 of article 1, taking into account the percentage of co-ownership and the type of right, does not exceed the 150 square meters and the total value of the real estate, as determined for the calculation of the additional tax, does not exceed the amount of 85,000 euros for a single person, 150,000 euros for a married person and his or her spouse or a single-parent family with a dependent child and 200,000 euros for the married man, his or her spouse and their dependent children or the single-parent family with two dependent children and
c) the taxpayer, his or her spouse and dependent children of his family are tax residents of Greece.
2. The discount of the previous paragraph amounts to 100%, as long as the following conditions are cumulatively met:
a) the total taxable family income of the previous tax year, in accordance with the provisions of Law 4172/2013, as well as any other relevant written provision, does not exceed 12,000 euros, plus 1,000 euros for the spouse and each dependent member .
b) the total surface area of the buildings in which the person subject to the income tax declaration, his or her spouse and dependent children of his or her family own the rights referred to in paragraph 2 of article 1, taking into account the percentage of co-ownership and the type of right, does not exceed the 150 square meters,
c) the taxpayer, his or her spouse and dependent children of his or her family are tax residents of Greece and
d) the number of dependent children is equal to or exceeds three, or the taxpayer, his or her spouse or any of the dependent children in his family has a disability of 80% or more.
Source: https://www.dnews.gr/eidhseis/oikonomia/443171/mouzakis-sto-dnews-perimenoume-ti-diataksi-gia-ti-forologisi-ton-airbnb https://www.e-forologia.gr/cms/viewContents.aspx?id=207673