The removal of the stamp duty (stamp) provisions and their replacement with a new, modernized legislative framework that will establish a different form of levy, a “digital transaction levy”, is envisaged in the Treasury bill.
Among other things, according to a new bill prepared by the political leadership of the Ministry of Economy and Finance and presented to the Council of Ministers today, public utilities will not only cease to be subject to stamp duty, but will also be completely exempt from the new “digital transaction fee.”
How is stamp duty applied and what exists today? Stamp duty – the first tax introduced by the new Greek state in 1836, from then to this day the “logic” on which its application is based remains unchanged: it is levied in hundreds of cases of transactions – such as, for example, loans, rents (except housing), subsidies, financial assistance, distribution of inheritance, entries in the books of merchants, only if they are made on paper, documents, agreements, agreements or contracts (hence the name Χαρτοσήμο – revenue stamp).
Transactions not based on written agreements are not subject to stamp duty. In addition, transactions made in Greece are subject to stamp duty, even if the counterparties are citizens of other countries. In contrast, transactions involving Greek citizens are not subject to stamp duty if they take place outside Greek territory. It is calculated at two rates – 2.4 and 3.6% (base rates are 2 and 3%, but the RSA charges stamp duty of 20%).
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