Parliament Speaker Dr. Hanafi Jabali announced that the Parliamentary Affairs Minister informed Parliament that the government decided to withdraw a draft law amending some provisions of the Income Tax Law promulgated by Law No. 91 of 2005 for further study.
It is noteworthy that the draft law has witnessed objections to it during its discussion in the plenary session of deputies.
It is noteworthy that the draft law came from one article, which aims to collect the tax prescribed under Article No. (42) in accordance with the segments indicated in the draft law, provided that this applies exceptionally to the actions that occurred before May 19, 2013, which is the time prior to the enforcement of Law No. 11 For the year 2013 regarding the amendment of some provisions of the Income Tax Law promulgated by Law No. 91 of 2005 and to ensure that the tax burden is alleviated.
The article included a provision to the effect that the lump-sum imposed by it would be obtained even if there were many actions, in addition to the fact that the proposed draft law would encourage citizens to pay the real estate tax in preparation for completing the remaining steps of registering it in the real estate registry or in the real estate registry, which positively affects the total real estate wealth in the country and the state’s plans regarding it.
