On 14 August 2026, the Ministry of Finance clarified that real‑estate lessors must declare corporate income tax based on actual business activities and apply the correct industry classification code under the Income Tax Act.
Key Takeaways
- Tax reporting: Lessors are required to align tax declarations with genuine operational income and industry code.
- Regulatory compliance: Accurate coding prevents misclassification and ensures proper tax assessment.
Disclaimer:This article is compiled and summarized based on publicly available information and is for general information and academic exchange purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. For tax planning, please consult a qualified professional tax advisor or legal counsel.
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