This guide clarifies the exclusion of Real Estate Investment income from Corporate Tax for natural persons, per Cabinet Decision No. 49 of 2023. It defines 'Real Estate Investment' as income from selling or leasing real estate, provided the activity does not require a commercial Licence. The guide emphasizes this exclusion applies only to activities in a personal capacity. It distinguishes this from real estate activities requiring a Licence or conducted through a juridical person, which remain within the Corporate Tax scope, ensuring a clear boundary between personal investment and taxable business.
Real Estate Investment for Natural Persons
Corporate Tax Guide | CTGREI1
October 2024
Contents
1. Glossary
2. Introduction
2.1. Overview
2.2. Purpose of this guide
2.3. Who should read this guide?
2.4. How to use this guide
2.5. Legislative references
2.6. Status of this guide
3. Natural persons and income excluded from Corporate Tax
4. Real Estate Investment
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