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Gov’t considering tax breaks and incentives for Sinai investors
The government is looking into potential incentives for investors in the Sinai Peninsula, including offering tax and customs exemptions for…
Overdue taxpayers have until end of week to avoid 70% of late penalties
Taxpayers have until the end of the week to settle overdue payments, and avoid 70% of incurred late penalties, according…
Gov’t denies reports suggesting bank accounts of tax cheats would be frozen
Gov’t says it has no plans to freeze the bank accounts of tax evaders: Cabinet said in a statement that…
Egypt considering legal framework to seize unpaid taxes
The taxman wants the power to freeze funds in the corporate and personal accounts of alleged tax cheats: The Finance…
Abdel Azim Hussein tapped as new Tax Authority head
MOVES- Finance Minister Mohamed Maait tapped Abdel Azim Hussein as the new Tax Authority head, succeeding Emad Samy, Al Masry…
FinMin to work with Egypt’s banks on mitigating the impact of the new tax treatment
EXCLUSIVE- Tax officials spreading oil on troubled waters after flap over tax treatment of bank holdings of gov’t debt: Tax…
Investment Ministry looks at three-year extension for tax discount program
The Investment Ministry is mulling a three-year extension to the seven-year tax discount scheme introduced under the Investment Act, Minister…
Banks say new tax treatment not to affect 2018 results
Banks say new tax treatment of income from gov’t debt won’t hit 2018 P&L: CIB’s 2018 financial results will not…
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