- Automatic completion of E9
The real estate data will be automatically drawn from the AADE platform “myProperty” through a new digital application the E9 declaration to be completed. It is also pointed out that before submitting a transfer tax declaration or a declaration of donation or parental provision of property, the taxpayer must first update his information of a house that is transferred to the Property Registry – E9 up to and including the following year of the transfer. This also applies to the submission of a property inheritance tax return. That is, taxpayers before signing contracts should first check the details of the property being transferred and if there are any errors or omissions, then they should be corrected.
A digital declaration of real estate data (E9) with the required entries, changes and deletions of real estate data will be automatically created in the myProperty application after the contract is signed and posted by the notary.
This practically means that taxpayers will not need to modify their real estate information in E9 themselves when they proceed with a purchase, sale, parental benefit or donation of real estate or when they inherit real estate. E9 will be automatically updated based on the data of the real estate transfer declarations that must be submitted electronically.
- Digital declaration submission also in pre-agreements.
Extension of digital submission of Tax declarations Transfer of Real Estate by the notaries, when it comes to drawing up the final contract for the transfer of real estate, after a preliminary agreement. The condition is that the definitive contract is not more than two years away from the preliminary agreement.
- Abolition of the certificate of non-debt from donations-legacies.
The mandatory attaching the certificate of article 105 of Law 2961/2001 to the declarations of inheritance, donation or parental benefit tax issued through myPROPERTY, when no tax results from them or it has been paid. Instead, the digital declaration is used, which is drawn from the myPROPERTY platform, accompanied by a simple declaration of non-alteration.
- In a little while, electronic declarations for the other cases as well.
In the immediate plans of AADE also includes the electronic submission of Property Transfer Tax declarations for cases of cancellation and cancellation of transfer, transfer in execution of a preliminary agreement, exchange of real estate, removal of VAT exemption for the purchase of a first residence, and consolidation of real estate as well as the digital submission of Gift Tax and parental benefit returns for amending returns. It is reminded that the above categories of declarations are currently submitted by hand to the D.O.Y., creating bureaucratic employment for the contractors as well as the competent employees of AADE.
- “Electronic Property File” for transfers from 1.11.2023.
From November 1, 2023, property transfer procedures will now be processed through the electronic platform “Electronic Property File” of AADE. The operation of this platform aims to support notaries, sellers and buyers in the conclusion of contracts, through the simplification and digitization of the process of collecting the 11 supporting documents required to draw up the relevant notarial documents.
