Greece's Ministry of National Economy and Finance published speaking points from Deputy Minister George Kotsiras to the Hellenic Parliament on a draft bill aimed at overhauling the framework for charitable assets, foundations, unclaimed inheritances and donations to the state. The package is framed as streamlining administration through simplified procedures and digital tools, establishing a new flexible body to clear inactive charitable assets, and introducing tax incentives to encourage donations. The draft also includes tax and other measures, including an exemption from vehicle circulation taxes for privately owned trucks, fire engines and water tankers used by volunteer firefighter organisations registered in the General Secretariat for Civil Protection’s registry; a change to the method for calculating deemed income for kiosks and small convenience stores; and the transfer of the coastal frontage of the land zone of the Port of Eleusina to the municipalities of Eleusina, Aspropyrgos and Megara. It further references amendments affecting income tax, property tax and VAT, the establishment of a private-law legal entity called the Committee of the Olympion and Zappeion Bequest, and a ministerial amendment intended to support those affected in Mati and Mandra. The measures are set out in a bill under parliamentary debate, with no implementation timetable specified in the release.
Ministry of National Economy and Finance (Greece) 2025-12-09
Greece's Ministry of National Economy and Finance presents bill to reorganise charitable assets management and add tax incentives for donations
Greece's Ministry of National Economy and Finance presented a draft bill to the Hellenic Parliament to reform charitable asset management, introduce tax incentives, and simplify procedures. It includes tax exemptions for volunteer firefighter vehicles, changes to kiosk income calculations, and transferring coastal land to municipalities. Amendments address income tax, property tax, VAT, and disaster-affected areas.