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Image header Agence Europe
Europe Daily Bulletin No. 10298
Contents Publication in full By article 34 / 38
GENERAL NEWS / (eu) eu/court of justice

Greek tax law on purchase of first residential property is illegal

Brussels, 20/01/2011 (Agence Europe) - The Greek law no. 1708/198 whereby only permanent residents and, in some cases, non-resident Greeks who have worked overseas for at least six years, are exempt from tax on the purchase of a first residential property is discriminatory and has a dissuasive effect on Community citizens of other nationalities who are not resident in Greece but wish to move to the country. It therefore constitutes an obstacle to the freedom of movement, which is against EU...

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