Cabinet’s Decree No. 61 of the Year 2022 = قرار مجلس الوزارء رقم 61 لسنة 2022
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Date
2022-08-30
Journal Title
Journal ISSN
Volume Title
Publisher
The Middle East Library for Economic Services
Abstract
Article 1: Ministry of Finance shall incur the full value of the real estate tax due on the built realties used in carrying out the following activities from 1/1/2022 for three years:
Article 2: The following conditions shall be met for the Ministry of Finance to incur the full value of the tax due on the activities stipulated in Article One of this Decree:
1. The activity shall be registered within the official economy of the state.
2. The built realties for which the tax shall be incurred are actually used in carrying out the activity. This does not prejudice the right of the Real Estate Tax Authority to claim the tax arrears due on the activities referred to up to 31/12/2021 in accordance with the provisions of the Law.
Description
English & Arabic
Keywords
Cabinet, tax, real estate, industry, Real Estate Tax