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Greek Bourse Head Seeks Capital Gains Tax Delay, Euro2day Says

Greece’s Capital Markets Commission Chairman Costas Botopoulos and Athens Stock Exchange Chairman Socrates Lazaridis asked that a planned capital gains tax on share sales be further postponed to June, reported.

Botopoulos and Lazaridis sent a joint letter to Finance Ministry officials requesting implementation of the tax be postponed and proposing a tax-free threshold and a flat rate levy for any amount over the threshold of about 15 percent on gains from shares sold, the Athens-based website said, without citing anyone.

Greece’s government has already delayed the tax, which was set to take effect at the beginning of 2012, by three months.

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