What is the relation between Atyan tax levied on agricultural land and the buildings tax?
New buildings tax law considers the elimination of any relation that might create duality or interference among the rules of buildings tax and the rules of Atyan tax.
The new law stipulates that the Atyan tax is eliminated in case the buildings established on agricultural land are taxed.
In addition, eliminated in this law is the income tax on real-estate wealth revenues resulted from the agricultural land according to the income tax law 91/2005.
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.