CHAPTER G’. ARRANGEMENTS FOR REDUCTION OF RENTS AND SUSPENSION OF DEADLINES ON SECURITIES
Article 26
Extension of the rent reduction for professional leases
In the second article of the Legislative Content Act of 20.3.2020 (A’ 68), which was ratified with Article 1 of Law 4683/2020 (A’ 83), paragraph 10 is added as follows:
“10. Especially for the months of January and February 2021, the lessee of a business lease to set up a business, for which special and extraordinary measures have been taken to suspend or temporarily prohibit operations for preventive or repressive reasons related to the COVID-19 coronavirus or which is financially affected due to the spread of the COVID-19 coronavirus, is exempted from the obligation to pay the total rent, in derogation of the written provisions on leases and the reduction rate of par. 8, in accordance with the provisions of the second and third paragraphs of par. 1. With decision of the Minister of Finance, after a proposal by the Governor of the Independent Public Revenue Authority (AADE), the affected businesses of the previous subsection are determined by sector and by month, as well as any other necessary detail for the implementation of this.”
Article 27
Support of landlords from non-collection of rent – Amendment of par. 42 of the article 72 of Law 4172/2013 and par. 2 of article 13 of Law 4690/2020
- At the end of par. 42 of article 72 of Law 4172/2013 (A’ 167) a new paragraph is added and paragraph 42 is formulated as follows:
“42 . It does not constitute income and is not subject to income tax and special solidarity levy of article 43 A of the C.F.E., as the case may be, the amount of rent that was not collected or is not collected as required by law in the context of dealing with the effects of the corona virus COVID -19, for all months in which the reduced payment measure of forty percent (40%) of the monthly rent was or will be in force or which was not collected or is not collected following an agreement between the lessor and the lessee for the exemption from the payment of part of of the total rent, by at least thirty percent (30%), in accordance with provisions in the context of dealing with the effects of the COVID-19 coronavirus.
The provisions of the previous paragraph apply and for the case of rent that was not collected or is not collected as required by law in the context of dealing with the effects of the COVID-19 coronavirus, for the months of January and February 2021 during which the measure of full exemption of the monthly rent was in effect.”
- New paragraphs are added at the end of paragraph a of paragraph 2 of article 13 of Law 4690/2020 (A’ 104) and at the end of paragraph b of paragraph 2 of article 13 of Law 4690/2020, after the words “credit institutions”, the phrase “non-application of par. 1 of article 47 of Law 4172/2013 in case of distribution or capitalization of the amount of paragraph a” is added in the case of a legal beneficiary person or legal entity” and paragraph 2 of article 13 of Law 4690/2020 is formulated as follows:
“2. a. The natural persons of par. 42 of article 72 of Law 4172/2013 (A’ 167), if they received a reduced rent of at least forty percent (40%) or if they received, following an agreement, a reduced rent of at least thirty percent ( 30%), in accordance with provisions in the context of dealing with the effects of the COVID-19 coronavirus, have the right to a deduction of an amount equal to a percentage of twenty percent (20%) of sixty percent (60%) of the rents of those months, calculated before the above reduction, from debts with a final payment date to the tax authority from 31.7.2020 onwards, except for debts from installment payment arrangements or facilities, debts in favor of a foreign public and from recovery of state aid. To the above natural persons, who from the month of November 2020 onwards, receive a reduced rent by forty percent (40%), in accordance with provisions in the context of dealing with the effects of the corona virus COVID-19, instead of the discount of the previous paragraph is paid to the bank account, which has been notified on the website www.aade.gr of A.A.D.E. in the TAXISnet environment, an amount equal to half of the rent reduction for these months at the expense of the credits of ALE 2910601058 “Credits for actions related to the implementation of measures to deal with the negative consequences of the coronavirus” of EF 1023-711-0000000 “General State Expenses” of the Ministry of Finance.
To the above natural persons, who during the months of January and February 2021 do not collect rent, according to par. 10 of the second of the article of the Legislative Content Act of 20.3.2020 (A’ 68), which was ratified by article 1 of Law 4683/2020 (A’ 83), in the context of dealing with the effects of the COVID-19 coronavirus, instead of the deduction of of the first paragraph is paid to the bank account, which has been notified on the website www.aade.gr of A.A.D.E. in the TAXISnet environment, an amount equal to eighty percent (80%) of the total rent for this month at the expense of the credits of ALE 2910601058 “Credits for actions related to the implementation of measures to deal with the negative consequences of the coronavirus” of ΕΤ 1023-711 -0000000 “General State Expenses” of the Ministry of Finance.
To legal persons and legal entities, which during the months of January and February 2021 do not collect rent, according to with par. 10 of the second article of the Legislative Content Act of 20.3.2020, which was ratified by article 1 of Law 4683/2020, in the context of dealing with the effects of the COVID-19 coronavirus, it is paid into the bank account, which has be notified on the website www.aade.gr of A.A.D.E. in the TAXISnet environment, an amount equal to sixty percent (60%) of the total rent for this month at the expense of the credits of ALE 2910601058 “Credits for actions related to the implementation of measures to deal with the negative consequences of the coronavirus” of ΕΤ 1023-711 -0000000 “General State Expenditures” of the Ministry of Finance.
b. The amount of para. a paid to the accounts of the beneficiaries, does not fall into any category of income, is not subject to any tax, fee, levy or other deduction in favor of the State, including the special solidarity levy of article 43A of Law 4172 /2013 as the case may be, is inalienable and non-seizable in the hands of the State or third parties, notwithstanding any other general or special provision to the contrary, it is not bound and not offset against confirmed debts to the State, the legal entities under public law, the Local Government Organizations, the legal entities of the latter, insurance funds and credit institutions, not applying paragraph 1 of article 47 of Law 4172/2013 in case of distribution or capitalization of the amount of paragraph a’ in the case of a beneficiary legal person or legal entity.
c. By decision of the Minister of Finance, after a proposal by the Governor of A.A.D.E., the more specific procedural conditions, the cross-checking of the data, the payment procedure and any other issue for the implementation of this may be determined.”
