{"id":2553,"date":"2019-12-15T11:55:43","date_gmt":"2019-12-15T09:55:43","guid":{"rendered":"https:\/\/advice.aqarmap.com.eg\/en\/?p=2553"},"modified":"2022-12-09T20:29:48","modified_gmt":"2022-12-09T18:29:48","slug":"what-is-the-real-estate-tax-law-how-would-you-calculate-it-for-your-property","status":"publish","type":"post","link":"https:\/\/aqarmap.com.eg\/en\/advice\/what-is-the-real-estate-tax-law-how-would-you-calculate-it-for-your-property\/","title":{"rendered":"What is the Real Estate Tax Law? How would you calculate it for your property?"},"content":{"rendered":"

Real Estate Tax Law<\/b><\/h2>\n

It is about built properties, i.e. those which are already built. It is an old tax imposed by the Egyptian government starting from 1954 by law No. 56, and is known as “Awayed (dues)”. The new law has been redrafted to include the old laws regulating the real estate tax of all kinds.<\/span><\/p>\n

This article will explain what the real estate tax law is, how you could calculate it for your property, and who shall pay for it.<\/p>\n

Let’s start with who should pay the tax according to the Real Estate Tax Law; they are normal and legal persons who own properties and have the right to use it or benefit from it for a purpose. While the scope of the tax according to \u201cReal Estate Tax Law\u201d is all properties that have been built on Egyptian land, whether these properties are rented or used by its original owner, so he shall be charged with the tax according to the Real Estate Tax Law, whether it is occupied, unfinished or not occupied, this means all types of buildings, whether residential, commercial, etc., including but not limited to chalets, cabinets.<\/span><\/p>\n

The Real Estate Tax Law also clarifies the status of the plots used for various activities, including, but not limited to, garages, greenhouse; whether it is rented, used for the benefit of others, or for the\u00a0 benefit of the original owner. The law shall not become effective when the plot is unutilized.<\/span><\/p>\n

The Real Estate Tax Law has been amended to clarify the status of certain special types of properties, such as roof-top fittings, real estate facades in case they are rented, or if the installations are paid for or for a benefit. The definition of property itself i.e. in the real estate tax law is all residential and non-residential units within the same building and not the entire building. This explains the mistake of some people believing that the property is the whole building which is not true in the new law of the real estate tax law.<\/span><\/p>\n

Before discussing the method of how to calculate the value of real estate tax, some important points have to be clarified, through which you will understand the nature of the law of real estate tax.<\/span><\/p>\n

\u00a0<\/span>Properties that are not subjected to the Real Estate Tax Law:<\/b><\/p>\n