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So as somebody NOT from Greece (from the US in fact).. I have always had to pay tax on any property I own. If someone died and I got their property.. I would n
by brianwawok 10y ago
So as somebody NOT from Greece (from the US in fact).. I have always had to pay tax on any property I own.
If someone died and I got their property.. I would need to pay tax. Not sure how that is "unexpected"? If the tax was more than I could afford, I would sell it. If I liked the place, maybe I would move there.
- return0 10y agoDifferent perceptions - Greek market was and still largely is heavily regulated and closed. It will take many years for people to adapt to a free-er market. It doesn't help that government does not communicate it to people. For example, there was no real property tax in greece. Then after the crisis they instituted an "Emergency tax" on property that they promised "would be just one-off". Of course it became a two-off, 3-off etc. Greek govt. and the electorate have been playing cat and mouse for decades.
- linkregister 10y agoEstate tax in the U.S. is nil under $5 million [1]. If you paid tax on property you inherited, then I congratulate you on your windfall and mourn the loss of that relative. 1. https://en.wikipedia.org/wiki/Estate_tax_in_the_United_States https://en.wikipedia.org/wiki/Estate_tax_in_the_United_State...