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No more Hotel California?
For years, the inability to liquidate smoothly has been a hidden tax on investment
Egypt moves to fix exit problem with new liquidation hub
Good afternoon, friends, we hope you’re staying warm on this breezy afternoon. Today, we’re excited to introduce After Hours, a…
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
No more extensions for pre-2020 tax dispute settlement deadline
The first tax facilities initiative received a total of 113.5k applications as of June 19
Tax settlement scheme expected to bring in EGP 800 bn by the end of the fiscal year
Simplifying the tax system and incorporating the informal economy is an important pillar of the state’s tax plan
Gov’t readies sector-specific tax guidelines for seven priority sectors
The priority sectors include banking, real estate development and investment, tourism, petroleum, and the auto sectors
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