Estate tax in the United States

The major increase in property transfers recorded in 2022 continued in 2023 too, following years of stagnation due to the pandemic and the energy crisis.

According to data from the Independent Authority for Public Revenue, transfers posted a new record last year, mainly thanks to the major interest by foreign investors.

The process of transferring real estate is being gradually simplified with the abolition of certificates and the gradual activation of the electronic system implemented by the Ministry of Digital Governance.

The tax administration has just abolished the certificate on nonpayment of inheritance tax on real estate purchases.

Prime Minister Robert Golob and other government officials received representatives of farmers on 3 April in the wake of tractor protests ten days ago. Having obtained assurances that their demands will be heard and that there will be no new taxes, the farmers decided to freeze their protest for three weeks.

The British island, located off the coast of France, has no capital gains or inheritance tax

Three bills and a ministerial decision prepared by the economic staff are changing the taxation on real estate. More specifically, the bill will be discussed at the Parliament, in the coming days, with the changes in the property tax ENFIA, while the issuance of the ministerial decision with the list of professions that will have an extra tax deduction will be also discussed.

Permanent reduction of ENFIA property tax by 13% was announced by Prime Minister Kyriakos Mitsotakis.

The statement of Kyriakos Mitsotakis is as follows:

Any taxpayers unable to meet their obligations to the state in 2020 will be able to settle their debts in 24 installments without any income criteria, but at a higher rate of interest, according to a new Finance Ministry plan.

It has become a tradition that at the annual September opening of the Thessaloniki International Fair (TIF) Prime Ministers address business leaders and social partners and there are great expectations of handouts.

The entire cabinet attends and the fair essentially marks the beginning of the political year as speakers lay out the government's programme.

Waivers of inheritance grew 413 percent in just five years from 2013 to 2018, with the phenomenon set to increase further, according to figures presented by the Hellenic Valuation Institute (ELIE).

In the decade of Greece's economic crisis, significant measures have been taken to combat tax-evasion and tax-avoidance by monitoring a wide array of taxpayers' economic activities.