Australian Greeks Concerned Over Double Taxation

Australian Greeks Concerned Over Double Taxation

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In a letter of appeal to Finance Minister Yannis Stournaras recently the Greek community in Australia asked the Greek government to review its taxation rules that would charge them a second time on property and investments in Greece. In a letter signed by the president of the Melbourne and Victoria communities Mr. Vassilis Papastergiadis, Australian Greeks noted that tax requirements and processes were extremely bureaucratic and demanded documents from them that are not issued in other countries. The Australian Diaspora said that they were particularly disappointed by plans to abolish their exemption from transfer tax, especially for property bought in Greece with foreign currency that has already been taxed abroad.

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