"Egyptian cinema…..one source of soft power”

L.E. 3.5 billions entertainment tax in North Coast during Adha holiday

New cooperation with the African Continent

The visit of Mr. Anwar Fawzy, Head of RTA to Matrouh RTِA directorate

The visit of Mr. Anwar Fawzy, Head of RTA to Alexandria real estate directorate

Question of the week

What is the tax rate?

The tax rate is 10% of the annual rental value for residential and n0n-residential units.

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Important information

The real estate tax is due on the first of January of each year, and it gets two equal installments, the first until the end of June and the second until the end of December of the same year, and the taxpayer may pay it in full on the date of paying the first installment.

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Property taxes

The taxpayer is the natural person or the legal person who has the right to own, use or utilize the property, where the tenant is not considered a taxpayer, but is a joint partner with the taxpayer to pay the tax within the approved lease.

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Taxpayer

25% of the proceeds of the real estate tax will be directed to the governorates for spending on education and health, and 25% of the entire proceeds will be allocated for the purposes of developing and developing slums.

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Real estate tax revenue