Tag: tax

Bourse sheds EGP 15.99bn; capital gain tax takes the blame

Responding to losses, Egyptian Exchange suspends trading for 30 minutes

Sara Aggour Sara Aggour

Capital gains tax meets strong resistance from investors

FEDCOC head says claim tax will “destroy the investment climate”; government remains…

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The Egyptian Tax Authority warns of pending administrative freeze on 13 petroleum companies; Ministry of Finance refuses to settle the debts

The Egyptian Tax Authority warned 13 public and private/public petroleum companies that…

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Taxes from top companies total EGP 7.1bn

Telecom Egypt, Ezz Steel, and Cemex Egypt among top tax paying companies

Sara Aggour Sara Aggour

Legislative amendments implemented to mitigate tax evasion

Necessary measures to combat tax evasion will be taken, finance minister says

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Orascom acquitted of Egyptian tax evasion claims

Reuters - Orascom Construction has been cleared by an Egyptian public prosecutor…

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Orascom Construction suspends tax payment to Egypt

Reuters - Orascom Construction Industries has suspended payment of a 31 December…

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Expansionary economic policies prevent tax increases: Finance minister

The government will tackle a different tax system after revitalising the economy,…

Doaa Farid Doaa Farid

Tax Authority expects to collect EGP 20bn following resolution of tax disputes

Approximately 20,000 cases of tax disputes have been awaiting court verdicts since…

Doaa Farid Doaa Farid

Presidential decree allows for reconciliation in tax disputes

The new law published today in the Official Gazette allows reconciliation in…

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