Topics

Legislation

UNDEFINED SQUARES: THE NEW SETTING!

An amendment by the Ministry of Internal Affairs was submitted to the Parliament with which the KEDE platform for undeclared square meters of real estate will be reopened until 31.12.2021. Unfortunately, this amendment does not include the declaration of non-electric properties, so that they are exempt from municipal cleaning and lighting fees. For this matter, POMIDA has proposed the automatic exemption from these fees, for each property whose electricity supply is interrupted. 

Taxation

CLARIFICATIONS OF THE HYFP. FINANCIAL DEPARTMENT VESYROPOULOU FOR PARENTAL BENEFITS!

During the specialization of the tax measures announced by the Prime Minister Mr. Kyriakos Mitsotakis at the TIF, the Deputy Minister of Finance Mr. Apostolos Vesyropoulos stated the following today: ” 12. From 01/10/2021 the tax-free limit for parental benefits or donations to first-class relatives is increased to the amount of 800,000 euros spouses, persons who have entered into a cohabitation agreement, children, grandchildren and parents.

Taxation

EXTENSION OF DEADLINES FOR COVID STATEMENTS AND PROPERTY LEASES!

The Independent Inland Revenue Authority announces the extension, until 30 September 2021, of the deadline for submitting initial/amendment returns:

  1. Real Estate Lease Information from real estate lessors, subject to the termination of the lease agreement being declared by June 12, 2020.
  2. Covid and/or Real Estate Lease Information from lessors/sublessors real estate in the event that they receive a relevant notice from the Tax Administration to correct their errors or omissions.
  3. Covid and/or Real Estate Lease Information, for January through May 2021, from lessors/sublessors of real estate.
Articles

THE EIGHT CHANGES OF THE NEW REAL ESTATE LAW – DEADLINE UNTIL 12/31/22 FOR PRIVATE REAL ESTATE REGISTRATION!

With information from www.ecopress.gr

With a total of 119 articles it was published in the Government Gazette, (with number 4821/2021 No. FEK 134, Issue A 31 July 2021) and the law of the Ministry of Digital Governance comes into force, with title “Modernization of the Greek Land Registry, new digital services and strengthening of digital governance and other provisions”, voted last week in the Parliament.

By of the 119 articles, 55 are related to the Land Registry, while the other 66 articles of the new law are related to legislative regulations of other subjects and other ministries, such as the Environment and Energy (for RES on islands, delegation of energy saving responsibilities to the TEE, etc. ) Interior, Finance (ENFIA, debt arrangements, etc.) Culture, Interior, Health, Civil Protection, etc.

Legislation

RENT REDUCTION: THE CADS OF FILLED BUSINESSES FOR JULY 2021!

Decision A.1167/2021 regarding the determination of affected businesses for the mandatory exemption from the obligation to pay the total rent for the month was published in the Official Gazette July 2021. With this decision, the non-payment of rent is limited to a few categories of businesses, for which various measures limiting their activity are still in effect. In this decision, there is no rent exemption for catering and retail, no partial payment of rents, nor a reduction of residential rents, and therefore the tenants have to proceed with an undecided payment of full rents. The decision provides in detail the following:

Taxation

THE DEADLINE FOR INITIAL STATEMENTS AND CORRECTIONS OF PROPERTY OWNERS COMPENSATION IS UNTIL AUGUST 27!

Responding once again to the proposals and continuous requests of POMIDA, AADE has announced that the deadline for submitting initial declarations and corrections of wrongful compensations of property owners as well as lease solutions is being extended until Friday, August 27, 2021.

Specifically, the decision A.1168/2021 with the which is an extension of the deadlines of par. 2 of article 9, par. 8 of article 11 and par. 4 and 5 of article 12 of the decision of the Governor of the Independent Public Revenue Authority under data POL.1162/2018 “Submission of Information Declaration of Real Estate Lease Details using an electronic method of communication via the Internet” (Β’ 3579). The decision provides for the following in detail:

Legislation

EXTENSION UNTIL 31.7 OF NON-PAYMENT OF RENT AND DECLARATION OF PROFESSIONAL LEASES!

The new law 4818/2021 was published in the Official Gazette, which among other things extends the possibility of exemption from the payment of July rent for certain specific professional activities that are still affected by the measures for the corona virus, which will be determined by the July 2021 KYA of the KAD.

Also with the same by law, the deadline for tenants to file for extensions of government-mandated business leases, as long as the tenants are in arrears, isextended to July 31, 2021.

Taxation

THE TAX BURDEN FROM PROPERTY OWNERSHIP IS BIG FOR CLOSED AND INJURED INDIVIDUAL BUSINESSES!

Victims who needed assistance due to the corona virus were not only the tenants of properties, but also the owners of closed and affected businesses, housed in privately owned properties, for which unfortunately no tax relief was applied relief, which is why the leadership of the Ministry of Finance must look carefully at this issue and provide a solution even at the last moment, so that thousands of individual businesses are not burdened with large amounts of tax due to the private use of their properties. 

This was pointed out two months ago by the well-known accountant – tax expert Mr. Konstantinos Dim. Gravias, in his article on the authoritative portal www.taxheaven.gr, on which a question in the House of Representatives was based of SYRIZA, to which the AADE responded, declaring substantial incompetence.

Taxation

UNTIL 20.7 THE DECLARATION OF TERMINATION OF OLD LEASES WITHOUT FINE. DECISION ON COVID FIXES PUBLISHED!

With the decision A.1158/2021 of the Governor of AADE Mr. Giorgos Pitsilis, significant amendments are made to the basic POL.1162/2018 which regulates the issues of COVID compensations, and is satisfied series of requests by POMIDA, which were included in its letter dated 23.6.2021 to the Ministry of Finance and the AADE.

Among them, paragraph 2 of article 9 of the under POL.1162/2018 decision of the Governor of A.A.D.E. (B’ 3579) was replaced as follows:

Legislation

AT A PUBLIC CONSULTATION, S.N. FOR ESTATE AND THE NEW DIGITAL SERVICES!

The Minister of State, Mr.Kyriakos Pierrakakisput the draft law of the Ministry of Digital Governance entitled:“Modernization of the Greek Land Registry, new digital services and strengthening of digital governance”.

This draft law attempts to:
a) the acceleration of the completion of the real estate registration processand the transition to the status of a functioning Land Registry, the streamlining of the procedures for correcting the first inaccurate cadastral records and the modernization of the operation of the n.p.d.d. “Hellenic Land Registry” (Part A’),
b)the creation of new digital public services provided to citizens and businesses through the Unified Digital Portal of the Public Administration (Part B΄), and
c) the strengthening of digital governance through the regulation of issues of organization and operation of the Ministry of Digital Governance, its supervised entities and the National Telecommunications and Posts Commission (ETT .) (Part C’).