RTA reveals economic activities `defrayed by State Treasury until 2026
Anwar Fawzi, head of the Real Estate Tax Authority, said that the economic activities, which the state treasury defrays their real-estate taxes until the end of 2026, should include:
Textile, engineering, mining, metallurgy, leather, wood and furniture industries, automobile industry, paper and its products, printing and publishing, building materials, ceramics, china, and refractories, electronic, electrical, and manufacturing industries, cement, iron, and ceramic industries, the pharmaceutical, medical, chemical, and food industries, plant and animal production, poultry production farms, and animal production farms, “breeding and fattening.” This is on the condition that the activity is within the state’s formal economy and that the property is actually used in this activity.
Algomhoria Gate Online