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Generic Tax Name Luxury tax
Tax name in the national language Ειδικός φόρος πολυτελείας
Tax name in English Luxury tax
Member State EL-Greece
Tax in force since 2010/03/04
If abolished, date on which the tax ceases to apply
Business version date 2015/01/01
Version date 2015/02/17
This file was last updated on

Type of tax
Direct taxes Personal income tax
Corporate income tax
Other

Indirect taxes VAT
Excise duty (EU harmonised)
Alcoholic beverages
Energy products and electricity
Manufactured tobacco
Other

Social security contribution Employers
Employees
Other
 
Legal base

Law No 3833/2010 art.17, Law No 3842/2010 art.87, Law No3845/2010 art. 4, Law No 3899/2010 art.8, Law No 4110/2013 art.21 and Law No 4211/2013 art.6, Law No 4254/2014, Law 4256/2014 (Art.39)

 
Who sets
The tax rate is set by




The tax base is set by




The reliefs are set by




Comments
 
Beneficiary





Comments
 
Geographical Scope

Greece.

 
Taxpayers

The importer - the producer - or the person who receives the products (intra EU trade)

 
Tax object and basis of assessment

Tax object

 

a) Hides and skins of reptiles, crocodiles, lizards and wild animals in general as well as of birds, fish and aquatic animals in general, whether or not prepared.  CN codes 4106.40, 4113.30, ex 4114.10.90, 4103.20, ex 4103.90, ex 4106.91, ex 4106.92.

b) Articles made of leather of point a). CN codes 4202.21.00, 4202.31.00, 4203.30.00.

Note: the luxury tax is levied exclusively on articles of leather of the animals enumerated in point a), in particular of:  reptiles, crocodiles, lizards and wild animals in general, birds, fish and aquatic animals.

Therefore, articles made of leather of animals other than those specifically enumerated above, e.g. of bovine, goats or kids, swine, sheep or lamb, are not subject to the luxury tax.

c) Footwear of leather of point a). Heading ex 64.03.

See the aforementioned note.

d) Articles of apparel, clothing accessories and other articles of furskin. Heading 43.03.

See the aforementioned note.

e) Carpets of any material containing a total of more than 10% by weight of silk or waste silk. CN codes 5701.10.10, 5701.90.10.

f) Pearls natural or cultured, precious and semi-precious stones, synthetic or reconstructed stones, whether or not worked. Industrial articles are excluded. Diamonds, whether or not worked. Headings 71.01, ex 71.02, ex 71.03, and 71.04. 

g) Dust and powder of diamonds and of other natural or synthetic precious or semi-precious stones. Heading 71.05.

h) Articles of jewellery whether or not with precious stones, and parts thereof, of precious metal or of metal clad with precious metal. Heading 71.13.

i) Articles of goldsmiths’ or silversmiths’ wares and parts thereof, of precious metal or of metal clad with precious metal. Heading 71.14.

j) Other articles of precious metal or of metal clad with precious metal. Heading 71.15.

k) Articles of natural or cultured pearls, precious or semi-precious stones (natural, synthetic or reconstructed). Heading 71.16.

l) Airplanes, seaplanes and helicopters for private use. Headings ex 88.02.

m) Watches of precious metal or of metal clad with precious metal. Heading 91.01.

n) Watch cases of precious metal or of metal clad with precious metal of subheading 9111.10.

o) Watch straps, watch bands and watch bracelets, of precious metal or of metal clad with precious metal, of subheading 9113.10.

p) Articles of the aforementioned points h), i) and j) of headings ex 7113, ex 7114 and ex 7115, made of silver, are not subject to luxury tax.

 

The Tax base is as defined by art. 19 & 20 of Law 2859/2000 (tax base for the VAT calculation) in case of intra EU trade or import. In case of production, is calculated on the selling price, reduced by 30%.

Luxury Tax is also imposed on private passenger cars with whole sale price more than 20,000 euro. Luxury Tax is not imposed on second hand cars coming from E.U. countries registered before 4.3.2010. For second hand cars, the whole sale price is reduced according to age, body type and mileage (art. 126 of Law 2960/01).

The tax base is the same as the one for the calculation of registration tax (art. 126 of Law 2960/01).

 
Deductions, Allowances, Credits, Exemptions

Exemptions are provided for taxis, motor caravans, ambulances, hearses, prison vans, cars with electric motor and certain cases of multipurpose vehicles (passenger cars (87.03)).

The Law also provides for exemption from the application of the luxury tax, under certain conditions (eg vehicles purchased by certain case of mobility impaired, according to the specifications laid down by Law, domestically produced fur products sold wholesale, domestically, among companies).

 
Rate(s) Structure

a) Hides and skins of reptiles, crocodiles, lizards and wild animals in general as well as of birds, fish and aquatic animals in general, whether or not prepared.  CN codes 4106.40, 4113.30, ex 4114.10.90, 4103.20, ex 4103.90, ex 4106.91, ex 4106.92.

10%

b) Articles made of leather of point a). CN codes 4202.21.00, 4202.31.00, 4203.30.00.

Note: the luxury tax is levied exclusively on articles of leather of the animals enumerated in point a), in particular of:  reptiles, crocodiles, lizards and wild animals in general, birds, fish and aquatic animals.

Therefore, articles made of leather of animals other than those specifically enumerated above, e.g. of bovine, goats or kids, swine, sheep or lamb, are not subject to the luxury tax.

10%

c) Footwear of leather of point a). Heading ex 64.03.

See the aforementioned note.

10%

d) Articles of apparel, clothing accessories and other articles of furskin. Heading 43.03.

See the aforementioned note.

10%

e) Carpets of any material containing a total of more than 10% by weight of silk or waste silk. CN codes 5701.10.10, 5701.90.10.

10%

f) Pearls natural or cultured, precious and semi-precious stones, synthetic or reconstructed stones, whether or not worked. Industrial articles are excluded. Diamonds, whether or not worked. Headings 71.01, ex 71.02, ex 71.03, 71.04

10%

g) Dust and powder of diamonds and of other natural or synthetic precious or semi-precious stones. Heading 71.05.

10%

h) Articles of jewellery whether or not with precious stones, and parts thereof, of precious metal or of metal clad with precious metal. Heading 71.13.

10%

i) Articles of goldsmiths’ or silversmiths’ wares and parts thereof, of precious metal or of metal clad with precious metal. Heading 71.14.

10%

j) Other articles of precious metal or of metal clad with precious metal. Heading 71.15.

10%

k) Articles of natural or cultured pearls, precious or semi-precious stones (natural, synthetic or reconstructed). Heading 71.16.

10%

l) Airplanes, seaplanes and helicopters for private use. Headings ex 88.02.

20%

m) Watches of precious metal or of metal clad with precious metal. Heading 91.01.

10%

n) Watch cases of precious metal or of metal clad with precious metal of subheading 9111.10.

10%

o) Watch straps, watch bands and watch bracelets, of precious metal or of metal clad with precious metal, of subheading 9113.10.

10%

p) Articles of the aforementioned points h), i) and j) of headings ex 7113, ex 7114 and ex 7115, made of silver, are not subject to luxury tax.

 

q) Private passenger cars with whole sale price:

from 20,000 up to 22,000€

above 22,000 up to 28,000€

above 28,000€

 

10%

30%

40%

 
Tax due date

For private passenger cars and item (l) of the above mentioned table, tax is paid along with the rest due taxes.

For the remaining items imported from third countries, luxury tax due date is when they are released for consumption.

 
Tax collector

The duty is collected by the local customs authorities.

 
Special features
 
Economic function







Comments
 
Environmental taxes



Comments
 
Tax revenue
ESA95 code d214aa+d214af(part)

Year
Annual tax revenue (millions)
Currency
Tax revenue as % of GDP
Tax revenue as % of total tax revenue
2012 7.00 EUR 0.00
2011 10.00 EUR 0.01
2010 25.00 EUR 0.01

Comments