These not-so-widely-known rules are mainly included in the circular POL 1140/2006 and the amendment of 1019/31-1-2020 of the Ministry of Finance, and are as follows:
- Each beneficiary of compensation collection due to a reduction in real estate rents should notify AADE, even if late, of their bank account in order to deposit the amount is entitled. Specifically, the full IBAN of the deposit account should be entered on the beneficiary’s TAXISNET page, in the left column “My Taxis Net” and in the “Account Statement – IBAN” window.
- The latest POL 1019/20 states explicitly that “In the case of a joint account, this may be declared by up to two beneficiaries”. Therefore according to it, no money is deposited into joint accounts with more than two beneficiaries, even if the name of the beneficiary of the compensation is first.
- The name of the lessor-beneficiary of the compensation can be first or second in the declared deposit bank account.
- The declared account should be opened in any Greek Bank, with an IVAN starting with GR. The deposit in a foreign bank does not seem to be foreseen, nor has it been checked whether it can work in practice.
- The declared account should be active, and not marked as “inactive”. It will be classified as inactive when for 24 consecutive months no transactions have been carried out with a direct debit to the beneficiary’s account. Time deposit accounts are not classified as dormant accounts. If there is an account but it is already marked inactive, an application to the Bank and an update of the depositors’ details are required.
The observance of all the above rules is therefore absolutely necessary necessary for the collection of the compensations of the lessors that POMIDA, with its continuous efforts, managed to secure, and which are in fact tax-free and non-confiscatable by law!
