Egypt: Adoption of Income Tax Law Postponed
Type
E-journal
Date
25 Apr 2013
Jurisdiction
Egypt
Taxonomy
Income Tax
Copyright
LexisNexis
Analysis
Egypt's Shoura Council has postponed approving the proposed income tax law.
The Council has already approved the abolition of a 10% tax on profits for residents and non-resident natural persons and legal persons and the Finance's Minister ability to issue executive decisions on the law's implementation.