Minister says he hopes that ENFIA
by Prokopis Hatzinikolaou, ekathimerini.com, 26 February
Minister of State for Coordinating Government Operations Alekos Flambouraris stated on Thursday that he believes
the Single Property Tax (ENFIA) will be replaced by a large property tax, given that it is not part of the reforms
agreed between Athens and the eurozone this week, while calling on taxpayers to pay the last ENFIA installment,
which is due on Friday.
He also announced that the tax-free threshold for the planned tax will be 500,000 euros per household, but did
not explain whether that concerned the main residence or the sum of properties owned.
Flambouraris added that the objective values (property rates used for tax purposes) will not be reduced across
the board, but that the cut will range between 10 and 40 percent depending on the area. The Council of State has
issued a June deadline for the adjustment of objective values.