ECONOMY

No end to ENFIA tax before 2031 at the earliest

No end to ENFIA tax before 2031 at the earliest

The new investment incentives bill submitted in Parliament on Friday contained the shocking presumption that the Single Property Tax (ENFIA) will remain until at least 2031.

The supplementary report assessing the impact of the new bill’s regulations estimates state revenues from the operation of the investments enjoying the new incentives at 1.45 billion euros up to 2031.

Ruling party SYRIZA had promised to abolish ENFIA – originally an extraordinary levy – but after it was voted in it has passed laws that have made it permanent.

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.