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Stama Association appealed to the Council of State for the business tax | TheGreekDeal.com
SHORT TERM RENTALS
Stama Association appealed to the Council of State for the business tax
Regarding the business tax, Stama, the Association of Short-Term Rental Companies, has filed an appeal with the Council of State.
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Stama, the Association of Short-Term Rental Companies, has appealed to the Council of State regarding the business tax.

According to a statement, the reasons for the association's appeal to the Council of State are as follows:

On December 7, 2023, the tax bill entitled "Measures to curb tax evasion and other urgent provisions" was passed, and the above-mentioned designation was not changed. We consider it unconstitutional, through a circular without legislation when there was one a few months before, to impose unaffordable and surprise taxes "out of the window.".

We fail to understand how a branch is designated a property in which the provision of any service other than the provision of bedding is prohibited. By the same token, Real Estate Investment Trusts (REITs) under Sec. 2778/1999 that invest, acquire, and operate real estate, as well as all kinds of companies that acquire by lease or purchase the right to operate real estate, should declare these properties as their branches.

The imposition of a business tax (€600) per accommodation means that our companies will be on the brink of financial ruin as it will be impossible for them to meet such large obligations. If a company manages 50 properties on behalf of owners, it is required to pay EUR 30 000 in tax for the business tax alone.

We are protecting the interests of the small owners who have entrusted us with the management of their properties, and we will see their income, which we fight every day to secure, shrink.

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