New codes for unfinished projects with a 60% discount off LIGHT but also for those who acquire full ownership of the property, including renovated property declaration form E9.

The new codes apply to this year’s returns, which taxpayers can file until April 12, 2023, following the extension granted by Ministry of Finance.

In particular, a new code has been added for future or under construction objects submitted by the developer. With the new code, taxpayers can declare the actual status of these buildings on January 1 of each year and be subject to the corresponding reduced ENFIA for completed buildings. The new code applies to returns from 2023. Taxpayers with rights in rem to unfinished or future structures on that date may apply for the E9 change by 4/12/2023 in order for the value of these structures to be correctly calculated for ENFIA 2023. It is noted that for structures in progress the 60% discount applies to ENFIA.

Also, for the convenience of taxpayers who acquire real estate in full ownership by combining small ownership with usufruct, for E9 declarations filed from the moment the decision is published and after, it is mandatory to fill in the taxpayer identification number to the usufructuary to transfer ownership of the usufruct.

In particular, by the decision of AADE Commander Giorgos Pitsilis, the changes in E9 concern the following:

The extension to submit changes to E9 will expire on April 12th.

1. Combination of petty property with usufruct. A tax identification number must be declared for small property rights or real estate rights that are taxed as small property.

2. Unfinished buildings. For rights to a building, future or incomplete, under construction at any stage, if the transfer was carried out by the developer, who is obliged to complete it on the basis of a document of title, in column 10 “Special Conditions” of the Table, 1 certificate of real estate details (E9 ) code 89 “Future or construction in progress acquired by the developer”. In particular, since construction of the building (future building) has not been started as of January 1 of the tax year, column 9 “Property category” of Table 1 of the declaration of information on real estate (E9) indicates the code number that refers to the land plot and in column 10 “Special Conditions” of Table 1, code 89 is filled in. From the erection of the building frame and to the corresponding stage of completion for the category of property (construction in progress), if the property has never been electrified or electrified by the electricity of the construction site and is empty, the indications are filled in cumulatively:

– Column 10 “Special conditions” of Table 1 contains code number 89.

– In column 30 “Electrified object” of Table 1, write “No” for non-electrified property or, if “Yes” is written, indicate the number of the power supply object.

– In column 32 “Special category” of Table 1, code 8 “Empty building” is filled in.

3. Plots of special planning. For rights to a land plot or field that are within the limits of special plans for the territorial development of state real estate or within the limits of a comprehensive development plan, prior to their transfer from the investment body to third parties, additional information is filled in to include them in the appropriate tax regime. In particular, if this is a land plot, in column 32 “Special category” of Table 1 of the declaration of real estate (E9) the code number 9 is filled in, and if this field, then in column 26 “Special category” of Table 2 of the declaration of data on real estate (E9 ) code number 5 is filled.