Do the survey and estimation committees influence the rental value (the tax base)?
The role of the committees is extremely limited in influencing the rental value for two reasons:
- First: the committees are formed with RETA delegate as the head, a delegate of the governorate in which the building is located and one of the taxpayers within the jurisdiction of the committee, chosen by the governor.
- Second: the evaluation is determined after setting data of the taxpayer's tax declaration written by the taxpayer as well as the survey data collected with the knowledge of the committee according to the estimation criteria stipulated in the executive regulation of the law. This data is filled in the mathematical forms previously prepared for the purpose of the estimation on computers which will 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.