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The Greek government wants to reduce the rates of the new Single Property Tax, which is to apply from 2014, aiming to lighten the load on owners of plots within town-planning zones.
The issue of the new tax was discussed on Wednesday at a meeting between Greece's Prime Minister Antonis Samaras and Deputy Prime Minister Evangelos Venizelos, with the two men agreeing that property owners should not pay more tax. That would that the total tax amount property owners would have to pay would be less than the 4.15 billion euros provided for in the original pan drawn up on the recommendation of the country’s creditors, collectively known as the troika.
Samaras and Venizelos also agreed that any reductions (should there be an agreement between the troika and the Finance Ministry) will affect landowners, as the original plan provides for a disproportionate burden on them reports Kathimerini.
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