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φόρος αυτόματου υπερτιμήματος

English translation: automatic surplus price tax


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Greek term or phrase:φόρος αυτόματου υπερτιμήματος
English translation:automatic surplus price tax
Entered by: sassa
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10:21 May 19, 2008
Greek to English translations [PRO]
Law/Patents - Law: Taxation & Customs
Greek term or phrase: φόρος αυτόματου υπερτιμήματος
Αναφέρεται στο κατασκευαστικό τομέα σε καινούργιους φόρους το 2005-2006
Michael Iakovides
Local time: 03:06
automatic surplus price tax
Explanation:
Law 3427/2005 «Value Added Tax on new buildings, changes in capital taxation and other provisions»

[...]an Automatic Surplus Price Tax (Φ.Α.Υ. in Greek, hereinafter: ASP Tax) is charged on the difference between the initial acquisition price and the subsequent selling price.

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sassa
Grading comment
thanks
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +4automatic surplus price tax
sassa
5of the real estate capital gains taxDemie K


  

Answers


10 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +4
automatic surplus price tax


Explanation:
Law 3427/2005 «Value Added Tax on new buildings, changes in capital taxation and other provisions»

[...]an Automatic Surplus Price Tax (Φ.Α.Υ. in Greek, hereinafter: ASP Tax) is charged on the difference between the initial acquisition price and the subsequent selling price.




    Reference: http://nomothesia.ependyseis.gr/eu-law/downloadsDetails.do?a...
sassa
Works in field
Native speaker of: Native in GreekGreek, Native in SpanishSpanish
PRO pts in category: 16
Grading comment
thanks

Peer comments on this answer (and responses from the answerer)
agree  Vicky Papaprodromou
1 hr
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agree  Evi Prokopi
1 hr
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agree  Catherine Christaki
3 hrs
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agree  Nadia-Anastasia Fahmi
20 hrs
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40 mins   confidence: Answerer confidence 5/5
φόρου αυτόματου υπερτιμήματος
of the real estate capital gains tax


Explanation:
The term can be found in page 8/19 of the "National Report 2007, Greece (Athens, February 2008)" written by Alex Karopoulos, Tax Attorney for the Zepos and Yannopoulos company (American Bar Association).


    Reference: http://www.abanet.org/tax/groups/flf/nr07/07Greece.pdf
Demie K
Greece
Local time: 03:06
Native speaker of: Native in GreekGreek
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Changes made by editors
May 19, 2008 - Changes made by sassa:
Edited KOG entryMichael Iakovides's old entry - "φόρος αυτόματου υπερτιμήματος " => "automatic surplus price tax "
May 19, 2008 - Changes made by Maria Karra:
Term askedφόρου αυτόματου υπερτιμήματος => φόρος αυτόματου υπερτιμήματος


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