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Real Estate Tax Discount for Compliant Citizens
The article discusses the new real estate tax system and the procedures for submitting property declarations electronically. The declaration has now become the primary record for properties with the Revenue Authority. It offers a permanent 25% discount to compliant citizens, provided they maintain their compliance. This also applies to companies, which can receive discounts ranging from 10% to 15%. The article clarifies that the previous system, which relied on submitting five-year paper declarations, has been replaced by a comprehensive electronic system, making it easier to register and update properties without the need to submit a new declaration every five years. It also notes that the application is temporarily experiencing congestion due to a high volume of users, including individuals and companies, leading to occasional outages. The system allows citizens to make adjustments to their property records by adding or removing properties as needed, without the requirement for a new declaration.
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