6 Hrs
Source:
المصري اليوم
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Property tax exemptions: 8 categories
Article 23 of the Real Estate Tax Law No. 23 of 2020 specifies eight categories exempt from real estate tax. These include educational buildings affiliated with the Ministry of Education, healthcare facilities owned by the Ministry of Health, facilities operated by private associations and organizations, as well as the primary residential unit with a net annual rental value of less than 24,000 Egyptian pounds. It also covers properties owned by the Ministry of Youth and Sports, units used by political parties and trade unions provided they are used for their designated purposes, units used for commercial, industrial, or administrative activities with a net rental value of less than 1,200 pounds, and non-profit shelters and charitable organizations.
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