{"id":628043,"date":"2018-06-24T04:29:36","date_gmt":"2018-06-24T04:29:36","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/24\/wealth-tax-is-unlikely-to-make-a-comeback-says-kouchouk\/"},"modified":"2018-06-24T04:29:36","modified_gmt":"2018-06-24T04:29:36","slug":"wealth-tax-is-unlikely-to-make-a-comeback-says-kouchouk","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/24\/wealth-tax-is-unlikely-to-make-a-comeback-says-kouchouk\/","title":{"rendered":"Wealth tax is unlikely to make a comeback, says Kouchouk"},"content":{"rendered":"

<\/a> EXCLUSIVE- Wealth tax is unlikely to make a comeback, says Kouchouk: <\/strong>A proposal coming from the House of Representatives\u2019 Budget committee to bring back a wealth tax is unlikely to pass, Vice Minister of Finance Ahmed Kouchouk told us last week. The proposal would see salaries of more than EGP 500k per year taxed at a 25% rate against today\u2019s 22.5%. The plan would also<\/a> cut taxes on lower income earners at the same time. The ministry has received the proposal from the committee, but is unlikely to go through as the ministry is emphasizing policy stability in the tax code, said Kouchouk, noting that the code in its current form is \u201cconducive to private sector growth.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

EXCLUSIVE- Wealth tax is unlikely to make a comeback, says Kouchouk: A proposal coming from the House of Representatives\u2019 Budget committee to bring back a wealth tax is unlikely to pass, Vice Minister of Finance Ahmed Kouchouk told us last week. The proposal would see salaries of more than EGP 500k per year taxed at […]<\/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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-628043","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"eac1d74f-f12e-44e1-aa12-1d82665e7d07","order":"0","is_powered_by":true,"section_story_id":"df65e825-450f-4737-aef8-9552c08bf292","story_type":"1","photo_url":"","photo_position":"above","related_issue":[628029],"teaser":"","voice_url":""},"yoast_head":"\nWealth tax is unlikely to make a comeback, says Kouchouk - 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\/06\/24\/wealth-tax-is-unlikely-to-make-a-comeback-says-kouchouk\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wealth tax is unlikely to make a comeback, says Kouchouk\" \/>\n<meta property=\"og:description\" content=\"EXCLUSIVE- Wealth tax is unlikely to make a comeback, says Kouchouk: A proposal coming from the House of Representatives\u2019 Budget committee to bring back a wealth tax is unlikely to pass, Vice Minister of Finance Ahmed Kouchouk told us last week. The proposal would see salaries of more than EGP 500k per year taxed at […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/24\/wealth-tax-is-unlikely-to-make-a-comeback-says-kouchouk\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-24T04:29:36+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/24\/wealth-tax-is-unlikely-to-make-a-comeback-says-kouchouk\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/24\/wealth-tax-is-unlikely-to-make-a-comeback-says-kouchouk\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Wealth tax is unlikely to make a comeback, says Kouchouk\",\"datePublished\":\"2018-06-24T04:29:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/24\/wealth-tax-is-unlikely-to-make-a-comeback-says-kouchouk\/\"},\"wordCount\":126,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/24\/wealth-tax-is-unlikely-to-make-a-comeback-says-kouchouk\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/24\/wealth-tax-is-unlikely-to-make-a-comeback-says-kouchouk\/\",\"name\":\"Wealth tax is unlikely to make a comeback, says Kouchouk - 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