What authority will evaluate the buildings rental value?
The rental value is calculated by the survey and estimation committees. These committees are formed by RETA delegate as the head. The role of these committees is extremely limited in influencing the rental value as the estimation is determined after inputting the data written by the taxpayer as well as the survey data collected with knowledge of the committee on mathematical forms prepared for the purpose of estimation into computers that output results highly similar to reality.
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.
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.
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.