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Deputy Chairman Clarifies Tenant Tax Declaration and Discount
The article is about clarifying the position of the Real Property Tax Authority regarding the submission of property tax declarations. The Deputy Chairman of the Authority, Mohamed El-Sayed, confirmed that the obligation to file the declaration applies to owners of real estate units or beneficiaries thereof, not to tenants or non-owner users. It is mentioned that the declaration is only submitted for habitable and completed residential units, and not for under-construction buildings or those not yet delivered. He explained that submitting the declaration before the end of December grants the taxpayer up to a 30% tax discount starting from the following year, along with a lifelong discount of 25% for early filers, which can be increased to 30% if a lump sum payment is made in advance. The article reassures that the Authority will verify the accuracy of the declarations later on and encourages property owners to take the initiative to benefit from these tax reductions.
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