The Egyptian government has extended the deadlines for citizens to benefit from new real estate tax incentives. According to the Information and Decision Support Center at the Council of Ministers, the tax authority has prolonged the period for submitting real estate tax returns for built properties until the end of December 2026. This move aims to provide more time for citizens to take advantage of the new incentives and benefits. The extension is a response to the significant positive interaction from citizens and taxpayers.
The deadline for submitting reconciliation requests in tax disputes and exemption from late fees has also been extended by six months, until April 2, 2027. This decision includes disputes between taxpayers and the Real Estate Tax Authority that are currently pending or being considered by courts of various degrees. Additionally, disputes registered with or being considered by tax appeal committees are also covered by this extension. The move is expected to alleviate some of the burden on taxpayers and provide them with more time to resolve their disputes.
The decision to extend the deadlines was made in response to the large number of citizens and taxpayers who have been taking advantage of the new incentives. According to the authorities, over 2.2 million real estate units were registered through the mobile application within 100 days, and 1.5 million electronic accounts were created. Furthermore, 1.2 million tax returns were received through the electronic system. These numbers demonstrate the high level of interest among citizens in benefiting from the new tax incentives.
The tax authority is continuously working to develop and improve its electronic services and mobile application to accommodate the large number of users. The authority is also increasing the number of technical support staff to help citizens and address any issues they may encounter. This effort aims to facilitate the registration process and submission of tax returns, making it easier for citizens to benefit from the incentives.
The Information and Decision Support Center at the Council of Ministers has been providing detailed information and answers to frequently asked questions regarding the extended deadlines and tax incentives. The center's efforts aim to raise awareness among citizens and provide them with the necessary information to take advantage of the new benefits. By doing so, the government hopes to increase tax compliance and reduce the burden on citizens.
The tax authority is also taking into account the comments, suggestions, and feedback from citizens, media, and social media platforms. These inputs are being considered as part of the authority's ongoing efforts to improve and simplify its services. By engaging with citizens and incorporating their feedback, the authority aims to provide a more efficient and effective service.
The extension of deadlines for real estate tax benefits is part of the government's efforts to support citizens and stimulate economic growth. The move is expected to have a positive impact on the real estate sector and contribute to the overall development of the economy. Key initiatives, such as the mobile application and electronic services, are being continuously improved to facilitate the registration and tax payment process.
Key points
- The Egyptian government has extended the deadlines for real estate tax benefits, allowing more time for citizens to take advantage of new incentives.
- Over 2.2 million real estate units were registered through the mobile application within 100 days.
- The tax authority is continuously working to develop and improve its electronic services and mobile application to accommodate the large number of users.
