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Greek Budget for 2024 Submitted in Parliament

|Proposed Changes|Greece
Greece

The Greek Budget for 2024 was submitted in parliament on 2 October 2023. The main tax-related measures of the budget include:

  • The introduction of an accommodation tax at a rate of 13% on short-term property rentals for both legal and natural persons with three or more rented properties. The measures included in the draft Budget must be enacted through legislation to be effective;
  • A reduction in the capital accumulation tax rate from 0.5% to 0.2% on transactions from 1 January 2024;
  • A 50% red…

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