The head of the Syrian regime, Bashar al-Assad, promulgated Law No. 15 of 2021 on 29 March, regulating real estate sales tax calculations, the state-run Syrian Arab news agency (SANA) reported. The law, which will be effective on 3 May 2021, sets property sales tax rates based on the market value per square meter and under monetary value estimation and different criteria and factors for residential, commercial, industrial, agricultural, and tourist properties. The law is made up of 21 articles defining tax rates on real estate sales based on the real estate market’s circulating prices and monetary value estimation. Under the law, Syria’s Ministry of Finance will rely on property uni
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