{"id":622961,"date":"2018-10-17T03:24:54","date_gmt":"2018-10-17T03:24:54","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/parliament-committees-to-discuss-real-estate-tax-act-amendments-this-month\/"},"modified":"2018-10-17T03:24:54","modified_gmt":"2018-10-17T03:24:54","slug":"parliament-committees-to-discuss-real-estate-tax-act-amendments-this-month","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/parliament-committees-to-discuss-real-estate-tax-act-amendments-this-month\/","title":{"rendered":"Parliament committees to discuss Real Estate Tax Act amendments this month"},"content":{"rendered":"

LEGISLATION WATCH- Parliament\u2019s housing, econ committees to discuss <\/strong>amendments to Real Estate Tax Act this month:<\/strong> The House of Representatives\u2019 economics and housing committees are expected to meet sometime this month to discuss proposed amendments to the Real Estate Tax Act, housing committee chair Rep. Alaa Waly tells Al Masry Al Youm<\/a>. The proposed changes<\/a> cover everything from the new real estate tax formula to how rented properties would be taxed, how properties would be appraised, and avenues for appeals. Waly stressed that parliament will not be scrapping the tax, but noted that President Abdel Fattah El Sisi has called for the amendments to be \u201crevisited\u201d to be more considerate of low-income citizens. According to Waly, his committee will be done with the proposed amendments before the end of 2018. He made no mention of the fate of the Returns Act \u2014 the rival legislation drafted by some MPs who are unhappy about the proposed changes to the Real Estate Tax Act.<\/p>\n","protected":false},"excerpt":{"rendered":"

LEGISLATION WATCH- Parliament\u2019s housing, econ committees to discuss amendments to Real Estate Tax Act this month: The House of Representatives\u2019 economics and housing committees are expected to meet sometime this month to discuss proposed amendments to the Real Estate Tax Act, housing committee chair Rep. Alaa Waly tells Al Masry Al Youm. The proposed changes […]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-622961","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"52e3d716-e3a9-44f8-b5fc-38271c48f7e9","order":"0","is_powered_by":true,"section_story_id":"ba2a5382-7ab8-4567-9708-248cd6179cbc","story_type":"1","photo_url":"","photo_position":"above","related_issue":[622945],"teaser":"","voice_url":""},"yoast_head":"\nParliament committees to discuss Real Estate Tax Act amendments this month - 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\/2018\/10\/17\/parliament-committees-to-discuss-real-estate-tax-act-amendments-this-month\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Parliament committees to discuss Real Estate Tax Act amendments this month\" \/>\n<meta property=\"og:description\" content=\"LEGISLATION WATCH- Parliament\u2019s housing, econ committees to discuss amendments to Real Estate Tax Act this month: The House of Representatives\u2019 economics and housing committees are expected to meet sometime this month to discuss proposed amendments to the Real Estate Tax Act, housing committee chair Rep. Alaa Waly tells Al Masry Al Youm. 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The proposed changes are extensive, covering everything from the new real estate tax formula to how rented properties will be taxed, how properties are\u2026","rel":"","context":"In "Speed Round"","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":605135,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/cabinet-to-sign-off-on-customs-act-amendments-this-week\/","url_meta":{"origin":622961,"position":2},"title":"Cabinet to sign off on Customs Act amendments this week?","author":"enterpriseam admin","date":"23 December 2018","format":false,"excerpt":"LEGISLATION WATCH- Cabinet to sign off on Customs Act amendments this week? The proposed amendments to the Customs Act are apparently alive and well, and will be approved by the Madbouly Cabinet this Wednesday, Finance Minister Mohamed Maait said, according to Amwal Al Ghad. Cabinet had approved \u201cin principle\u201d the\u2026","rel":"","context":"In "Speed Round"","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":623476,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/31\/foreign-embassies-to-be-subject-to-reciprocal-tax-treatment-on-real-estate-tax\/","url_meta":{"origin":622961,"position":3},"title":"Foreign embassies to be subject to reciprocal tax treatment on real estate tax","author":"enterpriseam admin","date":"31 October 2018","format":false,"excerpt":"LEGISLATION WATCH- Foreign embassies to be subject to reciprocal tax treatment on real estate tax: When it comes to paying real estate taxes, foreign embassies in Egypt will get reciprocal treatment, meaning they\u2019ll pay (or not pay) the same taxes as Egyptian embassies do in each of those countries, Real\u2026","rel":"","context":"In "Speed Round"","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":622553,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/04\/house-reps-elect-new-committee-heads\/","url_meta":{"origin":622961,"position":4},"title":"House reps elect new committee heads","author":"enterpriseam admin","date":"4 October 2018","format":false,"excerpt":"House reps elect new committee heads: The House of Representatives elected yesterday new heads for its 25 committees. 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