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VAT Suspension Extension for Real Estate Transactions

  • The deadline for the retroactive suspension of VAT on real estate has been extended for six months.
  • This applies to properties for which a Real Estate Transfer Tax declaration has already been filed.
  • The deadline for submitting an application was February 1, 2025.
  • The extension is provided by Article 211 of the “Capital Market Strengthening” bill, which is currently under public consultation.
  • The extension applies to properties that have been subject to the provisions of the Real Estate Transfer Tax.

Source: taxheaven.gr

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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