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Regs for IDA autonomy ready by month-end
LEGISLATION WATCH- Regs for granting IDA independence from Trade Ministry ready by month-end: The Industrial Development Authority is planning to…
Income Tax Act amendments to equalize capital gains tax imposed on corporates
LEGISLATION WATCH- Income Tax Act amendments to impose 10% capital gains tax on all corporates: Proposed amendments to the Income…
FinMin looking to automate stores’ sales disclosures, VAT owed to Tax Authority
EXCLUSIVE- FinMin looking to automate retailers’ disclosures of sales, VAT to Tax Authority: The Finance Ministry is looking to outfit…
FinMin looking to replace Real Estate Tax Act with new legislation streamlining appraisal process
EXCLUSIVE- Proposed amendments to real estate tax could be a ‘temporary measure’ ahead of full re-write of bill: A bill…
Santa brought us no noteworthy business news
It was another humdrum evening on the airwaves, which had no noteworthy business news or discussions to offer us on…
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…
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