Part B’ of the law includes regulations, which concern:
a) The sanctioning of the Additional Act in the New Covenant between the Hellenic State and the Maritime Community, which provides, and in compliance with paragraph 1 of article 107 of the Constitution for their taxation, the following:
aa) application of a rate of five percent (5%) to the imported dividends and capital gains from the sale of shares of ship-owning companies of ships under the Greek or foreign flag, up to the level of natural persons, as well as the application of the same rate (5 %) in the surplus value resulting from the sale of shares of the companies in question (New Voluntary Provision) and
ab) an increase from €40 million to €60 million. € of the annual New Voluntary Provision.
b) The introduction of provisions in the law 27/1975 (A’ 77) through the addition of article 26d, regarding the conditions for being subject to the tonnage tax of commercial ship operators who provide transport services with fully equipped and staffed ships of other companies, chartered on a time/journey basis alongside the operation of their own ships.
c) The subjection to the general provisions of the Income Tax Code of the dividends and the goodwill from the sale of shares of fishing vessels and tugboats, as well as the express exemption from the tonnage tax of fishing vessels ships, non-eligible tugs and self-propelled dredges and the imposition of a fee for them in accordance with article 57 of Law 4646/2019.
The law includes in Part C’ important tax provisions regarding:
- the extension of the possibility of being included in the suspension regime of Value Added Tax (VAT) on real estate (article 9).
- the extension of validity of reduced and super-reduced rates of Value Added Tax (VAT) for certain goods and services (article 10)
- the definition of evidence for the transfer of the minimum amount of the investment to be included in article 5A C.F.E. and completion of authorizing provisions (article 11)
- the addition of transitional provisions and extension of the deadline for submission of applications for applications to be included in the alternative method of taxation of article 5 A of the C.F.E. for the years 2020, 2021 and 2022 (article 12)
- the extension of the validity of the reduction of income tax for costs of upgrading buildings of article 39B C.F.E. (article 13)
- the extension of the suspension of the validity of article 41 C.F.E. for the imposition of capital gains tax from the transfer of immovable property (article 14)
- the issuance of a tax determination act in each case of submitting an amending declaration to capital taxation (article 15)
- the extension of validity of the reduction of tourist bus traffic fees also for the year 2023 (Article 16)
- the extension of taxation on the transfer of public use cars pursuant to article 10 of Law 2579/1998 (article 19)
- the institutional framework for the operation of the central state aid unit and the state aid network (articles 22 et seq.)
More specifically, with the provisions of this part:
- is extended until 31.12.2024, the possibility of those subject to VAT. builders of buildings for sale, to choose to be subject to the tax suspension regime, so that the delivery of real estate is not charged with VAT, under the same terms and conditions and with a simplified procedure
- is extended until 30.6.2023, the subjection to a reduced or over-reduced VAT rate of thirteen percent (13%) and six percent (6%) respectively, of certain goods and services, among which include:
- non-alcoholic beverages, without the addition of alcohol in any proportion (DK EX 2202). Aerated waters of D.K. 2201 (DK EX 2201) (rate 13%, until 30.6.2023)
- the transport of persons and their luggage (rate 13%, until 30.6.2023)
- the operation of coffee shops , coffee shops, patisseries, restaurants, grills, wineries and other businesses related to them, except for entertainment centers, with the exception of the sale of drinks containing alcohol in any proportion. (factor 13%, until 30.6.2023)
- the provision of services by gyms (factor 13% until 30.6.2023)
- the provision of services by dance schools, factor 13 % until 30.6.2023 and as long as they are not exempted by article 22
- tickets (right of entry) for zoos (rate 13% until 30.6.2023)
- th importation of art objects, collections or antiquities and the delivery of objects of artistic value under paragraphs 52 and 53 of Annex III of the VAT Code. (rate of 13% until 30.6.2023)
- also, with the provisions of this article, the extension of application, until 30.6.2023, of the super-reduced rate of VAT, 6%, is foreseen,
- for hemodialysis filters and lines, hemofiltration, hemodialysis and plasmapheresis,
- for the means of personal hygiene and protection of par. 50 of Annex III of the VAT Code (protective masks and gloves for medicine, soap and other preparations for personal hygiene, antiseptics [solutions, wipes and other preparations]),
- for defibrillators.
- extends for two additional years, until 31.12.2024, the provision of a tax deduction of forty percent (40%) for the costs paid by citizens for the energy, functional and aesthetic upgrading of their buildings. It is envisaged that the personal income tax deduction will be provided for building upgrade costs incurred up to and including December 31, 2024, instead of the intended date of December 31, 2022, spread equally, as is currently the case, over a period of four (4) tax years and for maximum total amount of expenses up to sixteen thousand (16,000) euros. A necessary condition for the reduction of the tax is their proof through legal documents and their payment, with electronic means of payment
- extended for two additional years, until 31.12.2024, the suspension of the validity of article 41 of the Income Tax Code (C.F.E., n-4046-2012-tou-n-4093-2012-kai-tou-n-4127-2013-kai-alles-diatakseis”>n. 4172/2013), which imposes a tax on income from capital gain for the transfer of immovable property
- the control by the Tax Administration is abolished, in the cases of submitting an amending tax return for the transfer of real estate or an amending tax return for inheritances, donations and parental benefits resulting in a reduction of tax over three hundred (300) euros, as well as in any subsequent amending statement, regardless of the amount of tax reduction. In the context of these provisions, it is foreseen to issue a decision that defines the issues regarding the verification of the correctness and completeness of the submitted amending capital tax declarations
- the possibility is provided to the owners of tourist buses, whose economic activity has been affected by the necessary and extraordinary measures that have been taken to deal with and limit the coronavirus, to pay reduced traffic fees, corresponding to those paid by intercity buses and for the year 2023
- extended from new, until 31.12.2024, the tax regime for the transfer of public use vehicles of article 10 of Law 2579/1998
