{"id":605156,"date":"2018-12-23T04:40:13","date_gmt":"2018-12-23T04:40:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/overdue-taxpayers-have-until-end-of-week-to-avoid-70-of-late-penalties\/"},"modified":"2018-12-23T04:40:13","modified_gmt":"2018-12-23T04:40:13","slug":"overdue-taxpayers-have-until-end-of-week-to-avoid-70-of-late-penalties","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/overdue-taxpayers-have-until-end-of-week-to-avoid-70-of-late-penalties\/","title":{"rendered":"Overdue taxpayers have until end of week to avoid 70% of late penalties"},"content":{"rendered":"<p>Taxpayers have until the end of the week to settle overdue payments, and avoid 70% of incurred late penalties, <a href=\"http:\/\/www.mof.gov.eg\/Arabic\/MOFNews\/Media\/Pages\/release-a-20-12-2018.aspx\">according to a Finance Ministry statement<\/a>. The ministry will grant another period of 50% penalty discounts between 28 December and 9 February 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Taxpayers have until the end of the week to settle overdue payments, and avoid 70% of incurred late penalties, according to a Finance Ministry statement. The ministry will grant another period of 50% penalty discounts between 28 December and 9 February 2019.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9346],"tags":[2376,72,276,69],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-605156","post","type-post","status-publish","format-standard","hentry","category-egypt-politics-economics","tag-egypt-politics-economics","tag-enterpriseam","tag-finance-ministry","tag-tax","wpautop","entry"],"acf":{"mongo_id":"8d2b7031-c23b-4124-b33d-8f6c34ff4d6e","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Overdue taxpayers have until end of week to avoid 70% of late penalties","related_issue":[605115],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/11\/.4e91a300-d710-4b52-aec6-3326fd4db6ba.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Overdue taxpayers have until end of week to avoid 70% of late penalties - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/overdue-taxpayers-have-until-end-of-week-to-avoid-70-of-late-penalties\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Overdue taxpayers have until end of week to avoid 70% of late penalties\" \/>\n<meta property=\"og:description\" content=\"Taxpayers have until the end of the week to settle overdue payments, and avoid 70% of incurred late penalties, according to a Finance Ministry statement. 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The authority had announced the three-month allowance period on 15 August.","rel":"","context":"In &quot;Egypt Politics + Economics&quot;","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":601591,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/05\/egypts-taxpayers-concerned-over-harsh-penalties-in-draft-law-on-tax-procedures\/","url_meta":{"origin":605156,"position":1},"title":"Egypt\u2019s taxpayers concerned over harsh penalties in draft law on tax procedures","author":"enterpriseam admin","date":"5 March 2019","format":false,"excerpt":"EXCLUSIVE- FinMin to ease tax violation penalties under draft tax procedures law: The Finance Ministry has agreed to amend the draft law on new unified tax procedures amid concerns from taxpayers over harsh violation penalties, a government source tells Enterprise. The ministry will likely scrap several clauses, and replace them\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":622030,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/25\/finmin-settles-65-tax-disputes-with-qnb-egp-100-mn-repaid\/","url_meta":{"origin":605156,"position":2},"title":"FinMin settles 65 tax disputes with QNB, EGP 100 mn repaid","author":"enterpriseam admin","date":"25 November 2018","format":false,"excerpt":"The Finance Ministry has settled 65 tax disputes with QNB Al Ahli worth EGP 100 mn, which the bank has paid, Al Mal reports. The disputes primarily involved stamp tax payments dating back 20 years. 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The state budget will be linked to the TSA, effectively completing the transition from cash to electronic payments for all state- and budget-related transactions.\u2026","rel":"","context":"In &quot;Egypt Politics + Economics&quot;","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598805,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/09\/finance-ministry-to-merge-mint-and-public-treasury-authorities\/","url_meta":{"origin":605156,"position":4},"title":"Finance Ministry to merge Mint and Public Treasury authorities","author":"enterpriseam admin","date":"9 June 2019","format":false,"excerpt":"The Finance Ministry began procedures to merge the Mint Authority and the Public Treasury Authority in one entity under the name of the Mint Authority, the Finance Ministry said in a statement (pdf). The merger is part of administrative reform at the ministry and its affiliate authorities.","rel":"","context":"In &quot;Egypt Politics + Economics&quot;","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":636845,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/01\/finance-ministry-keeps-customs-rate-unchanged\/","url_meta":{"origin":605156,"position":5},"title":"Finance Ministry keeps customs rate unchanged.","author":"enterpriseam admin","date":"1 November 2017","format":false,"excerpt":"The Ministry of Finance is keeping the customs exchange rate fixed at EGP 16 per greenback for the month of November,according to the ministry website. 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