Assistant Minister of Finance Ramy Youssef Oversees Development of Real Estate Tax App in Egypt
Ramy Youssef, Assistant Minister of Finance for Tax Policies in Egypt, is actively involved in the ongoing development and improvement of the Real Estate Tax App. This initiative aims to enhance service quality and meet user needs, as stated by Youssef. The Ministry of Finance is also expanding its technical support teams to assist citizens with the app, facilitate access to new incentives, and resolve any issues. Finance Minister Ahmed Kouchouk reported a strong public response, with approximately 2.5 million property units registered and 1.8 million accounts created through the app. Kouchouk emphasized the ministry's commitment to flexibility in handling citizen requests and encouraged further registration to utilize new real estate tax facilitations and incentives. These include discounts on annual taxes for residential and non-residential units, and an additional discount for advance payments. Exemptions are also available for private residences valued under EGP 8 million, which can be applied for elec...
