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Translation Assistance => Modern Greek→English Translation Forum => Business/Financial (El-En) => Topic started by: spiros on 05 Dec, 2021, 14:42:36

Title: φόρος πολυτελούς διαβίωσης → wealth tax, luxury tax, tax on luxurious living, tax on luxury living
Post by: spiros on 05 Dec, 2021, 14:42:36
φόρος πολυτελούς διαβίωσηςwealth tax, luxury tax, tax on luxurious living, tax on luxury living

Tax on Luxurious Living (Φόρο Πολυτελούς Διαβίωσης): o The ‘luxury tax’ is imposed annually on owners of swimming pools, aircraft and vehicles with engines larger than 1,929 cc.
302 The tax was initially imposed for one year in 2011 before being implemented as an annual tax in 2013.303 The rate is flat-rate, based on the engine size and the age of the vehicle and ranges from just under €300 to over €5,000 per year. Details of rates are included in Appendix A.10.0.
https://ec.europa.eu/environment/integration/green_semester/pdf/EFR%20Final%20Report.pdf