The Ministry of Finance reminds the natural persons concerned by the property wealth tax that they must file their declaration and pay the amounts due before June 30, 2025. This tax concerns real estate heritage whose value exceeds 3 million dinars.
The Ministry of Finance called on persons subject to property wealth tax to regularize their situation before the end of June 2025.
In a press release, the ministry insisted on the obligation to declare and pay the amounts due to the competent finance receiver, corresponding to the main residence of the taxpayer, at the latest on June 30, 2025, in order to avoid late penalties and the sanctions provided for by the legislation in force.
The same press release specifies that the property wealth tax is set at a rate of 0.5% of the net value of real estate.
This tax was established under article 23 of the finance law for the year 2023, and applies to all real estate belonging to natural persons, whose cumulative market value reaches or exceeds 3 million dinars on January 1 of the year. This evaluation also includes real estate belonging to their minor children.
