News reports from the Ministry of Finance revealed that the Royal Gazette announcement dated March 19, 2023, reduced the land tax rate. and buildings in the tax year by 15% effective from the date of announcement
However, for land or buildings as follows:
1. Land or buildings used for agricultural operations
2. Land or buildings used as residences
3. Land or buildings that are used for purposes other than those specified in 1 and 2.
4. Land or buildings that are left empty or not used as they should be.
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