Tag: tax reduction
-
Changes in Property Taxation Starting 2026
Introduction to Property Tax Changes in 2026 Starting in 2026, a significant overhaul of property taxation is set to impact hundreds of thousands of property owners. The new tax framework aims to introduce reductions in tax rates, along with various benefits and changes in the rules surrounding the buying, selling, and management of residential properties.…
-
Reduction of Living Standards Taxation for Properties and Vehicles
Introduction to Tax Reductions for 2025 The announcement made during the 2025 Thessaloniki International Fair (DETH) marks a significant change in the taxation landscape for many Greek citizens. The government revealed plans to reduce living standards taxation (tekmiria) specifically for housing and vehicles, potentially impacting around 500,000 taxpayers positively. Understanding Living Standards Taxation Living standards…