On 17 October 2015, the Greek parliament adopted an omnibus bill including reform measures proposed under the 2016 Budget that are required as part of its Financial Assistance Facility Agreement with the European Stability Mechanism (bailout plan).
The reform measures adopted include:
- The tax rate on annual rental income is increased from 11% to 15% for income up to EUR 12,000 and from 30% to 35% for rental income exceeding EUR 12,000 - This applies retroactively from 1 January 2015;
- Certa…