'Surplus profit' tax returns on property transactions in Greece next year

A resumption of a previously unproductive tax on "surplus profit" from the sale of all types of real estate in still bailout-dependent Greece will again come online in 2018. The tax on the amount between the purchase and sale price, if such arises, returns on Jan. 1, 2018 and will affect a dramatically slumped property market in Greece, sans very few exceptions in well-known holiday destinations.