A Prime Ministerial decree of last July 2014 clarifies the hitherto complex clauses of 2006.
Owners of land (virgin or already utilized) and taxation officials in the country now have a simplified procedure for calculating what is supposed to be paid as real estate taxes. A Prime Ministerial decree of July 2014 sets the modalities for the administrative evaluation of real estates with regards to taxes. Officials of the Directorate General of Taxation say the new decree sheds light on hitherto complex and ambiguous issues with relation to real estates as contained in the 29 December 2006 text on the matter.
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