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The Hatzidakis reform creates a “one-stop shop” system for notaries, lets inheritance taxes be paid directly from property sale proceeds, eases transactions involving confiscated assets, and prevents the state from disputing citizens’ rights to historically allocated land plots.
The Greek government is preparing an autumn bill to extend the moratorium on the 24% VAT for new-build properties and the 15% capital gains tax on property sales for another one to two years.
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