The Greek government is moving forward with a comprehensive “sweeping” bill from the Ministry of Finance, slated for a vote in Parliament’s plenary session on July 24. The legislation introduces a wide range of fiscal measures—from digitizing rental payments to cracking down on tax evasion—aimed at modernizing Greece’s financial framework and boosting state revenues.
Key Measures at a Glance:
Mandatory Bank Transfers for Rent
From 2026, all rent payments must be made via bank transfer to Independent Authority for Public Revenue (AADE)-registered landlord accounts. Cash payments will result in penalties for both landlords and tenants, including loss of tax breaks and benefit eligibility.
Digital Property Registry
A new centralized database (MIDA) will automatically track real estate details, drawing data from AADE filings and third-party sources.
Short-Term Rental Levy
Companies renting out properties (e.g., Airbnb) will face a fee of up to 600 euros per property annually.
IRIS Payment Compliance
Retailers must support IRIS direct payments via POS; noncompliance may lead to fines of up to 20,000 euros.
Goods Transport Penalties
Fines for transporting goods without digital documentation will rise tenfold.
Fuel Smuggling Crackdown
Oil firms face fines up to 90,000 euros per station for inadequate fuel station monitoring, with higher penalties for repeat violations.
Tax Residency Incentives
Family members can join the alternative tax scheme within 15 years for 20,000 euros each; foreign asset inheritances and donations are tax-exempt.
Yacht Crew Taxation
Private yacht crew income will be taxed at 15% for officers and 10% for other crew.
Freight Monitoring System
Trucks will be monitored in real time using license plate recognition and x-ray scanning to deter illegal activity.
