If a foreign investor faces a tax assessment based on imputed income, they have the right to file an administrative appeal with the Independent Authority for Public Revenue (AADE) in Greece. Greece's highest administrative court, the Council of State, has ruled that the imputed income presumption for asset acquisition applies to foreign residents, even if their only declared income is imputed rather than actual. This decision is expected to have far-reaching implications for international investors in the Greek real estate market. The case involved a foreign national who was assessed Greek income tax based on the imputed acquisition of property in Greece. Initially, lower administrative courts ruled in favor of the taxpayer, arguing that the application of imputed taxation required the existence of actual taxable income within Greece. However, the Council of State overturned this decision, ruling that even imputed income, such as the...