The Independent Public Revenue Authority decided to update the content of the real estate data declaration (E9).
In particular, according to a decision by Giorgos Pitsilis, a new code is provided for future or unfinished buildings under construction, which are transferred by a builder.
Taxpayers can, through the new code, declare the actual state of these buildings on January 1 of each year and be subject to the corresponding, reduced, ENFIA, in relation to the completed buildings. The new code applies to returns from 2023 onwards.
Taxpayers, who have real rights in unfinished or future buildings on this date, can submit an amending statement E9 until 12.4.2023, so that the value of these buildings is correctly calculated for the 2023 ENFIA.
It is also mandatory to fill in the usufructuary’s VAT number for the registration of rights of small ownership, for the convenience of taxpayers, who acquire full ownership of real estate due to the combination of small ownership with usufruct, for E9 declarations, submitted from the publication of the Decision and after
* For the upgrade of the E9 application according to the above, the application will remain closed on 24.3.2023 for the hours 00:00 until 12:00.
The changes in E9 in detail
The decision (A.1035/2023) was published in the Official Gazette with the type and content of the declaration of real estate data (E9) of natural and legal persons for the year 2023 and subsequent years.
The decision also mentions the following:
> When listing in the declaration of real estate information rights of small ownership over real estate or rights over real estate that are taxed as small ownership, the beneficiary’s VAT number must be entered.
> When listing in the declaration of real estate data rights on a plot of land or field which are within Special Spatial Development Plans for Public Properties of Law 3986/2011 or within an Integrated Development Plan of Law 4062/2012, until their transfer by the investment body to third parties, additional information is filled in for their inclusion in the respective tax regime, in accordance with the provisions of paragraph d) of paragraph 1 and paragraph h) of paragraph 2 of section B’ of article 4 of Law 4223/2013 .
In particular, if it is a plot of land, in column 32 “SPECIAL CATEGORY” of Table 1 of the declaration of real estate data (E9), code number 9 is filled in, while if it is a field, in column 26 “SPECIAL CATEGORY” of Table 2 of the declaration of real estate data ( E9) code number 5 is filled in.
> When listing in the declaration of real estate data rights over a building, future or unfinished, under construction at any stage, as long as the transfer has been made by a builder, who has an obligation to complete it based on the title deed, in column 10 “SPECIAL CONDITIONS ” of Table 1 of the declaration of real estate data (E9), code number 89 “Future or unfinished building acquired by a manufacturer” is filled in.
> In particular, since on January 1 of the tax year the construction work of the building (future building) has not started, in column 9 “PROPERTY CATEGORY” of Table 1 of the declaration of real estate data (E9) the code number referring to the plot is filled in and in column 10 “SPECIAL CONDITIONS” of Table 1, code number 89 is filled in. From the construction of the building frame up to and including the corresponding stage of completion per property category (unfinished building), as long as the property has never been electrified or is electrified with a construction site current and is empty, the indications are filled in cumulatively:
– in column 10 “SPECIAL CONDITIONS” of Table 1, the code number 89 is written,
– in column 30 “THE PROPERTY IS ELECTRICALLY SUPPLIED” of Table 1, write NO for non-electric properties, or, if YES, fill in the number of the site electricity supply and
– in column 32 “SPECIAL CATEGORY” of Table 1, code number 8 “Empty building” is filled in.
As for the rest, as regards the way of listing the properties, the accompanying supporting documents and the procedure for submitting the declaration of properties, the decisions set out in POL 1052/17.2.2014 and POL 1200/2014 of the General Administrative Court of Greece apply.
This decision applies to declarations of real estate data for the year 2023 and beyond.
The obligation to fill in the Beneficiary’s Tax Identification Number when listing in the declaration of real estate information rights of small ownership over real estate or rights over real estate that are taxed as small ownership, applies to declarations submitted from 23.3.2023 onwards (date of publication of the decision)
#updated #property #form
**Interview with Giorgos Pitsilis, Head of the Independent Public Revenue Authority**
**Interviewer:** Good morning, Mr. Pitsilis. Thank you for joining us today. Recently, the Independent Public Revenue Authority made some significant updates to the real estate data declaration (E9). Can you explain what prompted these changes?
**Giorgos Pitsilis:** Good morning, and thank you for having me. The updates to the E9 declaration were designed to simplify the process for taxpayers and to ensure that unfinished or future buildings are accurately represented in tax assessments. By introducing a new code specifically for these types of properties, we are making it easier for taxpayers to declare their real estate holdings and benefit from reduced taxation where applicable.
**Interviewer:** Can you elaborate on the new code for unfinished buildings and how it impacts taxpayers?
**Giorgos Pitsilis:** Certainly. The new code allows taxpayers to declare the actual state of unfinished buildings as of January 1 each year. This means that these properties will be subject to a reduced ENFIA tax rate compared to completed buildings. This approach acknowledges the reality of the construction process and helps make the taxation system fairer for those who own unfinished properties. Taxpayers can submit an amending E9 form until April 12, 2023, to reflect these changes for the 2023 ENFIA.
**Interviewer:** There are also requirements regarding the declaration of small ownership rights. Can you explain what is required for those?
**Giorgos Pitsilis:** Yes, it’s important for taxpayers to include the usufructuary’s VAT number when listing rights over real estate that fall under small ownership. This is particularly relevant for those acquiring full ownership through a combination of small ownership and usufruct. Such measures not only streamline the declaration process but also ensure consistent data for tax assessment purposes.
**Interviewer:** What other specifics should taxpayers be aware of in the recent changes?
**Giorgos Pitsilis:** Beyond the codes for unfinished buildings and small ownership rights, we also have provided clear instructions for properties within special spatial development plans. There are specific coding requirements in the declaration depending on whether it’s a plot of land or a field, and we aim to ensure that all properties are accurately categorized within the tax system.
**Interviewer:** Thank you for clarifying these significant updates, Mr. Pitsilis. As the deadline for amending declarations approaches, what final advice do you have for taxpayers?
**Giorgos Pitsilis:** It’s crucial for all taxpayers who own real estate, particularly unfinished properties or those with small ownership rights, to make sure they understand these new requirements. I encourage everyone to review their current declarations and make any necessary amendments by the April 12 deadline. Our aim is to create a smoother, more transparent process, and we’re here to help facilitate that. Thank you again for having me.
**Interviewer:** Thank you for your insights, Mr. Pitsilis. We appreciate your time and the important work the Independent Public Revenue Authority is doing.
