Glossary entry

Arabic term or phrase:

من قيمة المثل

English translation:

"Exact equivalent" or "of the like"

Added to glossary by Tamer Mekhimar
Aug 17, 2017 16:34
6 yrs ago
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Arabic term

من قيمة المثل

Arabic to English Law/Patents Law (general)
قرار مجلس الوزراء رقم (296) بالموافقة علي إضافة عبارة "كما يستوفي رسم قدره (10%) من قيمة المثل عند انتقال الملكية
Change log

Aug 21, 2017 05:39: Tamer Mekhimar Created KOG entry

Proposed translations

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"Exact equivalent" or "of the like"

Exact equivalent or "of the like"
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agree Ahmed Shalabi : of an exact equivalent
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15 hrs

total value of property

قيمة المثل means the total value of property. So the vendor/seller shall pay an extra tax for the transfer of property at a rate of 10%.

In addition to other charges, a 10% tax is levied on total value of property.


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