{"id":600742,"date":"2019-02-10T04:18:41","date_gmt":"2019-02-10T04:18:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/egypt-to-repeal-real-estate-tax-exemptions-for-private-homes-provide-preferential-treatment-for-hotels-factories-oil-and-gas\/"},"modified":"2019-02-10T04:18:41","modified_gmt":"2019-02-10T04:18:41","slug":"egypt-to-repeal-real-estate-tax-exemptions-for-private-homes-provide-preferential-treatment-for-hotels-factories-oil-and-gas","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/egypt-to-repeal-real-estate-tax-exemptions-for-private-homes-provide-preferential-treatment-for-hotels-factories-oil-and-gas\/","title":{"rendered":"Egypt to repeal real estate tax exemptions for private homes, provide preferential treatment for hotels, factories, oil and gas"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <b>EXCLUSIVE- The Great Real Estate Tax Debate of 2018 is about to roll forward into 2019. <\/b>Readers may recall the loud, sweeping debate late last summer over how to fairly tax both commercial and personal real estate. At one point, the story was a fixture of the night time talk shows \u2014 and we even had dueling bills: one advanced by the Madbouly government and another (going under the pseudonym \u201cThe Returns Act\u201d) that was being drafted by members of the House of Representatives.<\/p>\n<p><b>What were people debating? <\/b>Everything. The mechanism of collection. Who would get the lowest rate. Whether second and third residential properties would be taxed. The mechanism for property assessments. You name it. We have background on <a href=\"https:\/\/enterprise.press\/stories\/2018\/08\/12\/real-estate-taxes-gripping-the-nation-these-past-few-weeks\/\">the debate late last summer<\/a> and on <a href=\"https:\/\/enterprise.press\/stories\/2018\/08\/26\/parliaments-housing-committee-drafts-new-pseudonymous-real-estate-tax-law\/\">the House\u2019s counter proposal<\/a>. Among the keys, as we noted in our primer on <a href=\"https:\/\/enterprise.press\/stories\/2018\/10\/02\/the-fourth-legislative-session-of-the-house-of-representatives\/\">the House\u2019s 2018-19 legislative season<\/a>: Nobody last summer was talking about taxing occupied primary family dwellings. That may be about to change.<\/p>\n<p><b>The Finance Ministry is preparing to restart the discussion<\/b>, a senior government official told us at the end of last week. The ministry is studying changes to the formulas it uses to calculate real estate taxes paid by factories, hotels and the oil and gas industry. <b>Also possible: Scrapping an exemption for private homes worth less than EGP 2 mn<\/b>, a proposal that, if it goes forward, is likely to spur debate in public and in the House. The new bill would likely leave in place <a href=\"https:\/\/enterprise.press\/stories\/2018\/09\/26\/real-estate-tax-on-mobile-network-towers-isnt-new\/\">a tax on billboards<\/a> and other forms of outdoor advertising.<\/p>\n<p><b>The new legislation would replace the current real estate tax law<\/b>, which has been amended piecemeal (see, for example, stories on how the tax would apply to the <a href=\"https:\/\/enterprise.press\/stories\/2018\/09\/06\/oil-finance-ministries-agree-on-tax-treatment-of-oil-gas-and-mining-properties\/\">oil and gas<\/a> and <a href=\"https:\/\/enterprise.press\/stories\/2018\/08\/30\/hotels-to-pay-real-estate-taxes-based-on-investment-value\/\">tourism<\/a> industries). Those changes, a government source had <a href=\"https:\/\/enterprise.press\/stories\/2018\/12\/26\/finmin-looking-to-replace-real-estate-tax-act-with-new-legislation-streamlining-appraisal-process\/\">previously told us<\/a>, were meant as a stop-gap measures until the ministry finalized the new law.<\/p>\n<p><b>Preferential treatment for factories, hotels, oil and gas sector:<\/b> Properties in the oil and gas sector, factories, and hotels would be subjected to a new, in-the-works formula according to the land value of these properties. The new calculation should reduce the real estate taxes these properties are required to pay.<\/p>\n<p><b>What\u2019s next? <\/b>A ministry committee is working on the bill, which could go to the House of Representatives before the end of the current legislative season, our source said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EXCLUSIVE- The Great Real Estate Tax Debate of 2018 is about to roll forward into 2019. Readers may recall the loud, sweeping debate late last summer over how to fairly tax both commercial and personal real estate. At one point, the story was a fixture of the night time talk shows \u2014 and we even [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,276,389,4567,2380,69],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-600742","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-finance-ministry","tag-real-estate-tax","tag-real-estate-tax-act","tag-speed-round","tag-tax","wpautop","entry"],"acf":{"mongo_id":"c7fe2bad-e1f4-40e5-9d92-6cd736c32859","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[600737],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt to repeal real estate tax exemptions for private homes, provide preferential treatment for hotels, factories, oil and gas - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/egypt-to-repeal-real-estate-tax-exemptions-for-private-homes-provide-preferential-treatment-for-hotels-factories-oil-and-gas\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt to repeal real estate tax exemptions for private homes, provide preferential treatment for hotels, factories, oil and gas\" \/>\n<meta property=\"og:description\" content=\"EXCLUSIVE- The Great Real Estate Tax Debate of 2018 is about to roll forward into 2019. Readers may recall the loud, sweeping debate late last summer over how to fairly tax both commercial and personal real estate. At one point, the story was a fixture of the night time talk shows \u2014 and we even [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/egypt-to-repeal-real-estate-tax-exemptions-for-private-homes-provide-preferential-treatment-for-hotels-factories-oil-and-gas\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-02-10T04:18:41+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/egypt-to-repeal-real-estate-tax-exemptions-for-private-homes-provide-preferential-treatment-for-hotels-factories-oil-and-gas\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/egypt-to-repeal-real-estate-tax-exemptions-for-private-homes-provide-preferential-treatment-for-hotels-factories-oil-and-gas\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt to repeal real estate tax exemptions for private homes, provide preferential treatment for hotels, factories, oil and gas\",\"datePublished\":\"2019-02-10T04:18:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/egypt-to-repeal-real-estate-tax-exemptions-for-private-homes-provide-preferential-treatment-for-hotels-factories-oil-and-gas\/\"},\"wordCount\":412,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Finance Ministry\",\"real estate tax\",\"Real Estate Tax Act\",\"SPEED ROUND\",\"tax\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/egypt-to-repeal-real-estate-tax-exemptions-for-private-homes-provide-preferential-treatment-for-hotels-factories-oil-and-gas\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/egypt-to-repeal-real-estate-tax-exemptions-for-private-homes-provide-preferential-treatment-for-hotels-factories-oil-and-gas\/\",\"name\":\"Egypt to repeal real estate tax exemptions for private homes, provide preferential treatment for hotels, factories, oil and gas - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2019-02-10T04:18:41+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/egypt-to-repeal-real-estate-tax-exemptions-for-private-homes-provide-preferential-treatment-for-hotels-factories-oil-and-gas\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/egypt-to-repeal-real-estate-tax-exemptions-for-private-homes-provide-preferential-treatment-for-hotels-factories-oil-and-gas\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/egypt-to-repeal-real-estate-tax-exemptions-for-private-homes-provide-preferential-treatment-for-hotels-factories-oil-and-gas\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Egypt to repeal real estate tax exemptions for private homes, provide preferential treatment for hotels, factories, oil and gas\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Egypt to repeal real estate tax exemptions for private homes, provide preferential treatment for hotels, factories, oil and gas - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/egypt-to-repeal-real-estate-tax-exemptions-for-private-homes-provide-preferential-treatment-for-hotels-factories-oil-and-gas\/","og_locale":"en_US","og_type":"article","og_title":"Egypt to repeal real estate tax exemptions for private homes, provide preferential treatment for hotels, factories, oil and gas","og_description":"EXCLUSIVE- The Great Real Estate Tax Debate of 2018 is about to roll forward into 2019. Readers may recall the loud, sweeping debate late last summer over how to fairly tax both commercial and personal real estate. At one point, the story was a fixture of the night time talk shows \u2014 and we even [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/egypt-to-repeal-real-estate-tax-exemptions-for-private-homes-provide-preferential-treatment-for-hotels-factories-oil-and-gas\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2019-02-10T04:18:41+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/egypt-to-repeal-real-estate-tax-exemptions-for-private-homes-provide-preferential-treatment-for-hotels-factories-oil-and-gas\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/egypt-to-repeal-real-estate-tax-exemptions-for-private-homes-provide-preferential-treatment-for-hotels-factories-oil-and-gas\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Egypt to repeal real estate tax exemptions for private homes, provide preferential treatment for hotels, factories, oil and gas","datePublished":"2019-02-10T04:18:41+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/egypt-to-repeal-real-estate-tax-exemptions-for-private-homes-provide-preferential-treatment-for-hotels-factories-oil-and-gas\/"},"wordCount":412,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","Finance Ministry","real estate tax","Real Estate Tax Act","SPEED ROUND","tax"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/egypt-to-repeal-real-estate-tax-exemptions-for-private-homes-provide-preferential-treatment-for-hotels-factories-oil-and-gas\/","url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/egypt-to-repeal-real-estate-tax-exemptions-for-private-homes-provide-preferential-treatment-for-hotels-factories-oil-and-gas\/","name":"Egypt to repeal real estate tax exemptions for private homes, provide preferential treatment for hotels, factories, oil and gas - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2019-02-10T04:18:41+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/egypt-to-repeal-real-estate-tax-exemptions-for-private-homes-provide-preferential-treatment-for-hotels-factories-oil-and-gas\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/egypt-to-repeal-real-estate-tax-exemptions-for-private-homes-provide-preferential-treatment-for-hotels-factories-oil-and-gas\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/egypt-to-repeal-real-estate-tax-exemptions-for-private-homes-provide-preferential-treatment-for-hotels-factories-oil-and-gas\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Egypt to repeal real estate tax exemptions for private homes, provide preferential treatment for hotels, factories, oil and gas"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":575717,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/25\/investors-to-work-with-finmin-on-real-estate-tax-exemptions\/","url_meta":{"origin":600742,"position":0},"title":"Investors to work with FinMin on real estate tax exemptions","author":"enterpriseam admin","date":"25 October 2020","format":false,"excerpt":"Business leaders and lobby groups are now part of a joint committee with the Finance Ministry set up to address investor concerns, including the implementation of the Real Estate Tax Act, the ministry said in a statement on Friday. The committee \u2014 which brings together the Investors Union and Federation\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/256.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":574214,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/02\/finmin-tasks-ernst-young-to-prepare-electronic-billing-and-taxation-platform\/","url_meta":{"origin":600742,"position":1},"title":"FinMin tasks Ernst &#038; Young to prepare electronic billing and taxation platform","author":"enterpriseam admin","date":"2 September 2020","format":false,"excerpt":"The Finance Ministry tasked Ernst & Young with building its new electronic billing and tax payment platform \u2014 the mechanism through which companies and individuals will be filing their taxes, unnamed sources told the local press. The move to a new platform is provided for by the Unified Tax Act,\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":568587,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/28\/investors-call-on-the-government-to-scrap-real-estate-tax-on-factories\/","url_meta":{"origin":600742,"position":2},"title":"Investors call on the government to scrap real estate tax on factories","author":"enterpriseam admin","date":"28 January 2020","format":false,"excerpt":"Investors call for an end to real estate tax on factories: The Investors Union has petitioned the government to abolish the real estate tax on the factories, less than a week after the cabinet decided to introduce new tax exemptions, the local press reports. Samir Aref, head of the Tenth\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/718.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":573302,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/28\/real-estate-developers-oppose-vat-on-non-residential-properties\/","url_meta":{"origin":600742,"position":3},"title":"Real estate developers oppose VAT on non-residential properties","author":"enterpriseam admin","date":"28 July 2020","format":false,"excerpt":"LEGISLATION WATCH- Real estate developers oppose VAT on non-residential properties: Real estate developers have pushed back on proposed legislative amendments that would impose a 14% value-added tax (VAT) on the sale and rental of non-residential properties, the local press reports. The Federation of Egyptian Industries\u2019 real estate division is currently\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/226.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":574913,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/27\/is-the-government-exempting-factories-from-property-tax\/","url_meta":{"origin":600742,"position":4},"title":"Is the government exempting factories from property tax?","author":"enterpriseam admin","date":"27 September 2020","format":false,"excerpt":"Are factories getting the real estate tax break they\u2019ve been hoping for? Industry could be getting a leg up from the government if the Madbouly Cabinet agrees to accept a proposal being drafted by the Trade Ministry and exempt factories from the real estate tax. The statement does not provide\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":595320,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/23\/egypt-is-setting-up-a-digital-log-of-real-estate-asset-sales-to-collect-its-2-5-levy\/","url_meta":{"origin":600742,"position":5},"title":"Egypt is setting up a digital log of real estate asset sales to collect its 2.5% levy","author":"enterpriseam admin","date":"23 September 2019","format":false,"excerpt":"EXCLUSIVE- Gov\u2019t to digitize its log of real estate asset sales to collect 2.5% levy: The Tax Authority is setting up an electronic system to record real estate sales that would be subject to the 2.5% real estate tax, two government sources told Enterprise. The levy was set last June\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/549.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/600742","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=600742"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/600742\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/600737"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=600742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=600742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=600742"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=600742"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=600742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}