AADE intends to implement a plan that foresees the mandatory complete identification of the E9 data of the real estate of 7.2 million taxpayers with the data from the National Land Registry from the autumn.
The operational plan of the Independent Authority for Public Revenues (AADE) for the current year foresees that from next month the electronic interconnection and cross-referencing of data from the independent authority’s electronic file for Greek taxpayers’ real estate, which is based on E9 declarations, will begin, with the data declared by the taxpayers themselves in the National Property Register.
The aim is to identify and correct discrepancies in the descriptive data of properties declared by individuals and the State, but also to reveal and record disputes and complaints between individuals and the State over disputed lands.
In cases where differences are found in the descriptive data of properties declared in the AADE and in the Land Registry, owners will be asked to submit E9 rectifying declarations in order to correct the differences and ensure that the E9 declarations fully agree with the Land Registry declarations.
In other words, property owners will be invited to declare to the tax office (Independent Public Revenue Authority) the actual data of all their properties, since they have already been included in the Land Register. The possibility of submitting E9 amendment declarations without applying fines for late submission is already provided for in a legislative regulation adopted in 2019 and will continue to be provided until the cadastral data is made public throughout the Greek territory, as this will result from a relevant Verification Act of the DS of the NPDD “Hellenic Land Register”, which will be notified to the Minister of Finance.
The ultimate goal of this possibility, already foreseen, is the complete identification of the real estate data of Greek citizens, which are contained in the electronic “land register” of the AADE and the National Land Register.
Corrective – E9 corrective declarations can be submitted without any late submission fines of 100 euros until the Land Registry is completed in our country, in accordance with the provisions of paragraph 4 of article 73 of Law 4607/2019.
With interest
In any case, however, where the correction of the property data declared in E9, through the submission of amending declarations, results in a change in the property’s descriptive data leading to the obligation to pay additional ENFIA (e.g., due to the increase in square meters of the surface area of one or more properties), the owner is sued and must pay the additional tax plus interest calculated at the rate of 0.73% for each month elapsed from the date of electronic issuance of the first initial ENFIA authorization note until the day of submission of the amending declaration E9.
Penalties
Taxpayers who fail to submit the E9 amended declaration to correct their property data in the AADE Land Registry, so that this data is completely identical to that in the National Land Registry, run the risk of being identified by the cross-referencing of data between the two registers, once the linking of the E9 process to the Land Registry is completed. In cases where it is found that, due to the failure to correct the data, the owners have paid ENFIA for one or more years less than they normally should, they will be required to pay retroactively the outstanding amounts, plus exorbitant surcharges of 10%-50%, due to the submission of inaccurate E9 declarations, as well as interest on arrears calculated at 0.73% per month of delay.
A first in Property Registration and Property Management
A new online database will be launched in September, where detailed data will be entered not only on the properties that taxpayers own, but also on the properties they rent. This new electronic file will be called “Register of Property Ownership and Management” and will include data from the electronic “Register of Property” that AADE has been creating for many years based on E9 declarations submitted by individuals and legal entities.
It will also include all data on property leases, since owners will be required to declare in separate fields whether they rent out their properties, and tenants will have to display the properties for which they pay rent and also declare the monthly and annual rent amounts they pay.
Automatic update
The Property Management and Ownership Registry will be automatically updated whenever a rental information declaration is submitted by the owner and accepted by the tenant of the same property. In addition, this Registry will be automatically updated whenever an owner declares the termination of the lease agreement of a property.
The data from this Registry will be linked to the electronic file of income tax returns for individuals and legal entities, so that the data on the income obtained by owners from the exploitation of their properties is updated in real time and correctly pre-filled by AADE in forms E1 and E2 of their tax returns, and the expenses of tenants with rent payments must also be pre-filled with the correct information in their own E1 forms and that no additional action of filling or correction of pre-filled information is necessary for either owners or tenants.