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The corporate “solidarity contribution” will be calculated on net income, not revenues
The new system will replace the current 0.025% charge on revenues
Gov’t eye solidarity contribution at 0.5-1% of net income, scrapping revenue-based levy and risk of taxing losses
Good afternoon, friends, and welcome to the start of a new workweek. The press has hit the ground running. Our…
Less red tape for SMEs as Finance Ministry raises related-party reporting floor to EGP 30 mn
The decision ties in with a key pillar of Finance Minister Ahmed Kouchouk’s first tax facilitation package
Kouchouk presents second package of tax facilities to business community
Good morning, folks. We close out what has been a pretty slow week with a packed issue, led by last…
What do the stock market incentives offered under the second package of tax facilities entail?
The incentives will be tied to achieving quantifiable performance indicators
Gov’t unveils second package of tax facilities
The package includes stock market incentives, streamlines tax refunds, and more
Exported services to be treated as VAT zero-rated under new rules clarification
The Tax Authority last month issued executive instructions laying out how service providers can apply the zero-rate VAT
El Sisi directs authorities to launch second package of tax facilities
Good morning, all, and welcome to the last month of the year. We have a busy issue to kick off…
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