The Egyptian Senate discussed during its plenary session on Sunday a report on a government-proposed bill to amend certain provisions of Law #196 of 2008 concerning the tax on built properties. Abu-Hashima said that amending the property tax law is part of the first phase of the tax relief initiative, which includes legislative reforms. Abu-Hashima added that the amendments include simplifying filing tax returns, reforming and developing the tax appeal system, easing the burden on taxpayers in dispute over tax bases, increasing the tax exemption threshold for private residences, waiving taxes for taxpayers during crises, and simplifying tax relief procedures. Waiving tax debtsThe amendments also include waiving tax debts and late payment penalties in specific cases, recognizing the validity of electronic tax payment receipts, and setting a maximum limit for late payment penalties with a full waiver upon payment of the principal debt within a specified period, he added. The representative noted the amendment to the Real Estate Tax Law includes raising the exemption threshold to LE 100,000 instead of LE 50,000.

Source: Egypt Independent January 05, 2026 15:10 UTC