Farms ex­empt from sup­ple­men­tary prop­erty tax only for 2016

Kathimerini English - - Front Page -

year that arable land will be ex­cluded from the cal­cu­la­tion of the Sup­ple­men­tary Tax, ac­cord­ing to the amend­ment sub­mit­ted yes­ter­day on the Sin­gle Prop­erty Tax (ENFIA). The mea­sure is pro­jected to have a fis­cal im­pact of no more than 230 mil­lion eu­ros this year and would have been in ad­di­tion to the rev­enue tar­get of 2.65 bil­lion eu­ros. If it is deemed that the im­pact will be min­i­mal next year as well, then it is likely farms will be ex­cluded again. The Fi­nance Min­istry also tabled an amend­ment stretch­ing the num­ber of ENFIA pay­ment tranches from four to five, start­ing from Septem­ber and end­ing in January 2017.

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