Question of the week

What are the taxable properties?

This tax applies to all properties established on Egyptian land other than the non-taxable properties, whether rented or occupied by the owner himself who is the taxpayer, whether they are complete and inhabited, complete and uninhabited or inhabited and incomplete.
This means that all current established properties are taxable, whether established villas, buildings, floating houses or chalets whatever their locations are.
The tax is also levied on vacuum land used for garages, arboretums, rented and others, and tax-exempted if not utilized.
Also taxable are the structures established on roofs or buildings interfaces if rented or they are for rent or utilization. It is meant by the property in the new law each residential unit in a building not the whole building