{"id":647362,"date":"2017-05-09T03:25:23","date_gmt":"2017-05-09T03:25:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/09\/finance-ministry-sends-income-tax-law-amendments-to-house-economics-committee\/"},"modified":"2017-05-09T03:25:23","modified_gmt":"2017-05-09T03:25:23","slug":"finance-ministry-sends-income-tax-law-amendments-to-house-economics-committee","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/09\/finance-ministry-sends-income-tax-law-amendments-to-house-economics-committee\/","title":{"rendered":"Finance Ministry sends Income Tax Law amendments to House Economics Committee"},"content":{"rendered":"

The Finance Ministry has finished drafting amendments to the Income Tax Law and sent <\/strong>them to the House <\/strong>of Representatives\u2019 Economics Committee for discussion before preparing a final draft for the Ismail cabinet, Al Shorouk reports<\/a>. The ministry had announced in March<\/a> its plans to create what it called a \u201cmore progressive\u201d tax code that would better serve the interests of achieving social justice. The changes include more generous tax rebates and refunds for citizens in the lower-income brackets of EGP 30-45k a year, according to the newspaper. The Finance Ministry is still on the fence about offering rebates to those whose taxes cross the EGP 200k mark<\/strong> and plans to discuss the matter with MPs. Also undecided is whether to push the minimum taxable income <\/strong>to EGP 7,000-7,200 from a current EGP 6,500.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Finance Ministry has finished drafting amendments to the Income Tax Law and sent them to the House of Representatives\u2019 Economics Committee for discussion before preparing a final draft for the Ismail cabinet, Al Shorouk reports. The ministry had announced in March its plans to create what it called a \u201cmore progressive\u201d tax code that […]<\/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-647362","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"095d0ca8-1072-46a9-98bf-ffe0fd87615f","order":"0","is_powered_by":true,"section_story_id":"2894817b-97fc-43e0-9f96-334ee8cd47a1","story_type":"1","photo_url":"","photo_position":"above","related_issue":[647347],"teaser":"","voice_url":""},"yoast_head":"\nFinance Ministry sends Income Tax Law amendments to House Economics Committee - 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\/2017\/05\/09\/finance-ministry-sends-income-tax-law-amendments-to-house-economics-committee\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Finance Ministry sends Income Tax Law amendments to House Economics Committee\" \/>\n<meta property=\"og:description\" content=\"The Finance Ministry has finished drafting amendments to the Income Tax Law and sent them to the House of Representatives\u2019 Economics Committee for discussion before preparing a final draft for the Ismail cabinet, Al Shorouk reports. The ministry had announced in March its plans to create what it called a \u201cmore progressive\u201d tax code that […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/09\/finance-ministry-sends-income-tax-law-amendments-to-house-economics-committee\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-09T03:25:23+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\/2017\/05\/09\/finance-ministry-sends-income-tax-law-amendments-to-house-economics-committee\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/09\/finance-ministry-sends-income-tax-law-amendments-to-house-economics-committee\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Finance Ministry sends Income Tax Law amendments to House Economics Committee\",\"datePublished\":\"2017-05-09T03:25:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/09\/finance-ministry-sends-income-tax-law-amendments-to-house-economics-committee\/\"},\"wordCount\":145,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/09\/finance-ministry-sends-income-tax-law-amendments-to-house-economics-committee\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/09\/finance-ministry-sends-income-tax-law-amendments-to-house-economics-committee\/\",\"name\":\"Finance Ministry sends Income Tax Law amendments to House Economics Committee - 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