Greek government hopes to raise 2.65 billion euros from this year’s property tax

The unified property tax (ENFIA), which will be paid by 7 million citizens, will start being posted on the online TAXIS platform on August 29, it was announced on Wednesday.

The government hopes to raise 2.65 billion euros in revenues, same as in 2015, as the so-called “objective values” of properties were lowered this year and farmland has been excluded from the tax. Taxpayers will pay ENFIA in five installments with the first due at the end of September and the last set for January 2017.