Latest in Tag: Property Tax Highlight
Latest in Tag: Property Tax

Property tax: Will it reach government’s expectations?
FY 2016/2017 property tax is estimated at EGP 2.4bn and expected to collect EGP 1.1bn

122,000 property tax appeals: Finance ministry
Fifth Settlement district paid highest value of taxes, spokesperson says

34.5% increase in public revenues during July, August: Ministry of Finance
Spending on public investment amounted to EGP 3.3bn, with an increase rate of 61.4%, says ministry report

Tax authority issues 2m property tax exemptions
Notifications were sent to 6.3m residential units

Egypt begins collecting property tax for 1.5m residential and non-residential units: Finance minister
Government steps up actions to implement tax reforms amid efforts to increase resources and reduce budget deficit
Ministerial meeting upcoming to resolve property tax crisis on hotels: Tourism ministry official
Finance and tourism ministers to meet this month to resolve dispute between Real Estate Taxation Authority (RTA) and Chamber of Hotels over property tax law

Cabinet amends Property Tax Law
The amendments include establishing a committee in every governorate to survey and evaluate the rental value of properties.