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Egypt Tax Debt Waivers
In Egypt, a real estate tax debt may be written off in whole or in part in four cases: the taxpayer dies without an apparent estate; has no assets that can be seized to satisfy the debt; is declared bankrupt by a final judgment after the bankruptcy proceedings have been closed; or leaves the country for 10 consecutive years without any assets that can be seized. An application for a write-off must be submitted to the competent real estate tax office, together with documents showing that one of these conditions applies. The competent committee reviews the application and decides on it within 30 days. The write-off is not final until approved by the Minister of Finance or an authorized representative. Financial hardship or late payment alone is not enough to have the debt written off.
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