VATupdate

Share this post on

PASOK Pushes Fuel Tax Cut and Golden Visa Reform

  • PASOK proposed cutting fuel tax by an amount equal to any extra VAT revenue generated when fuel prices rise, arguing the measure would be fiscally neutral.
  • The party leader said the fuel tax adjustment would not require special EU approval.
  • PASOK also called for abolishing Greece’s Golden Visa regime, which grants residency to non-EU nationals in exchange for property investment.
  • He suggested replacing the Golden Visa with a residency scheme tied instead to growth-linked investments.
  • He criticized government tax incentives for attracting wealthy investors, saying they unfairly favor large-scale schemes over smaller investors.

Source: ekathimerini.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



Sponsors:

VAT IT
Pincvision

Advertisements:

  • advert
  • iopole