REAL ESTATE ACTIONS IN REAL ESTATE SECTOR AND THEIR IMPACT ON INCREASING THE TAX REVENUEAN APPLIED STUDY ON MISR EL-GADIDA AND EL-NOZHA REVENUES AUTHORITIES | ||
| Journal of Environmental Science | ||
| Article 15, Volume 40, Issue 3, December 2017, Pages 333-364 PDF (702.25 K) | ||
| Document Type: Review Article | ||
| DOI: 10.21608/jes.2017.20303 | ||
| Authors | ||
| Lotfy, M. A1; Ebeid, Magda, I2; Mansour, Abeer, A3 | ||
| 1Faculty of Commerce, Ain Shams University | ||
| 2The Institute of Environmental Studies & Research, Ain Shams University | ||
| 3Egyptian Tax Authority | ||
| Abstract | ||
| This current study drives at developing real estate actions as well as increasing taxes revenue, since the construction and building sector acquires a great concern in contemporary communities because of the continuous increase in real estate investment. In the last few years followed the revolution, the real estate constructions have augmented and so the real estate actions and dealings among financers. However, those in charge of paying the real estate actions’ tax tend to utilize the lawful gaps in taxation legislations, attempting to evade of taxes; since the real estate actions tax is largely dependent upon the tax revenue, besides being presently one of the most important resources of tax yields. Here, the importance of limiting the real estate actions and their role in increasing the tax proceeds, restricting also the aptitude of financers to evade of taxes is crystallized. Because of the significance of protecting real estate actions and restricting the tax community in the real estate sector, the study comes with a new mechanism for widening the society taxation base which is considered the fundamental source of tax revenues that will be poured in the state’s general budget and assists supporting the economic development. The objectives of the study: this study seeks to achieve a set of objectives and which are as follows:- - the phenomenon of tax evasion real behavior in the construction sector and construction. - Increase the tax revenues derived from real estate behavior. - To provide a mechanism for the development of the real estate acts through the linkage between the tax and the authorities concerned to extract construction licenses. - The protection of real actions and preserving the environment through dealing objectively with real estate units contrary constitutive, but habitable. Curriculum: In order to achieve the objectives of the study and authentication of the dimensions of the problem, the scientific researcher using analytical and descriptive approach, to build the framework of the dimensions of the problem of the study and the objectives and the importance and the aim of this study to examine the impact of real actions to increase tax revenues, a practical study on the cruise and Egypt errand to new taxes. The study tool: The special questionnaire form has been designed to explore their views on the impact of real actions to increase tax revenues and economic development and the distribution of the tax inspectorate and accounting offices in addition to several interviews with officials in the sectors and tax administrations and individuals interested in the subject of the study. The study sample: the study included a random sample of: 1. The staff and the auditors and the directors 2. The accountants Results of the study:this study reached several conclusions:. - This mechanism we have been able to establish a database on the dealers in the area of real estate behavior which is practicing real estate activity behaviors to become familiar with and also companies operating in the field of marketing and real estate. - The protection of the real behavior and the speed of tax accounting and tax evasion of the activity of the real behavior of the core functions of the copies of the TAXES to maintain the tax revenue flowing into the state's general budget. - The provisions of the inventory of real actions to increase financial resources and provide for the needs of the general budget of the State. The Recommendations of the study: 1. Emphasis on the to grant building permits not to do any action only after the financier of a certificate from the Labor Inspectorate, including tax registration benefit the financier by the competent authorities 2. The importance of real estate wealth protection and dealing with the real estate units of structural irregularities, but HABITABLE complete objectivity 3. Activate the comprehensive inventory system for all properties, whether modern or old to form the basis of accurate data on real estate wealth in Egypt, where construction rate increased after the revolution. | ||
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