Government halts 10% capital gains tax for 2 years after market investor pressures
Market indices increase more than 5% following the decision
Tax law collects 20% from online advertisers
According to Article 60, the law imposes a tax of 15% of…
EGP 180bn collected in taxes for first 3 quarters of FY 2014/2015
Meeting to take place to determine next step for capital gains tax
45% decrease in non-tax revenues during 8 months
Total income tax revenues decreased to 28% during the period from July…
Motivational economic reforms, legislations insufficient: Officials
The government considers with economic decisions and actions serve the foreign investor…
Cigarette tax provides EGP 5.5bn annually to healthcare: Cabinet
Imposing new cigarette tax supports general state budget providing healthcare expenditure requirements,…
United Bank to allow paying taxes, customs through branches
The United Bank will introduce in all branches a service for paying…
Federation of Egyptian Industries submits proposal amending automotive sector taxation
By Ahmed Amer The Federation of Egyptian Industries (FEI) has submitted a…
Presidential decision on mortgage support not to address illegal housing: MFF chairman
Decision to support Mortgage Finance Fund's activities and amended mortgage law would…
Following ruling in OCI tax case, Sawiris ‘grateful justice has prevailed’
Ruling marks end of challenging period for OCI, says CEO Nassef Sawiris…