New Amendments To Real Estate Disposition Tax
Legal Alerts
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January 26, 2022
Real estate disposition tax falls under the category of income tax, which is imposed directly on real estate at a rate of 2.5 percent of the value of the disposition. This tax is paid once the property has been disposed of, and is only applicable on natural persons, notwithstanding the fact that companies and legal persons, are still subject to other payments to the Egyptian Tax Authority.
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