Court ruling creates new complication for gov't, this time with property tax

EconomyMacroeconomy Tags: MoF, Pensions, Property, Revenues, Taxes

According to reports, the plenary of the Council of State has decided that the statutory (“objective”) prices for real estate should be retrospectively adjusted as of May 21, 2015.

Greece’s highest administrative court had initially ruled in late November 2014 that the objective property prices should be adjusted within a 6-month period.

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