taxation

Analysis: Finance Ministry yields to pressures on stock market tax
Business

Analysis: Finance Ministry yields to pressures on stock market tax

Finance Minister Hany Qadry Dimian has remained silent on his decision to impose a tax on stock market revenues.
Cancelled tax increases revenues by 20%
Business

Cancelled tax increases revenues by 20%

New data coming from the Egyptian Tax Authority shows that a recently-cancelled tax had raised tax revenues by 20 percent. The…
EFG Hermes says recent tax changes will boost the economy
Business

EFG Hermes says recent tax changes will boost the economy

EFG Hermes, one of the leading investment banks in the Middle East has lauded the recent tax reforms adopted by…
IMF chief praises ‘rich tax’, 2 days after cancellation
Business

IMF chief praises ‘rich tax’, 2 days after cancellation

Egypt’s state news agency MENA quoted International Monetary Fund chief, Christine Lagarde, in an interview published on Thursday, as praising…
Rights group slams blocking of newspaper over state tax dodging investigation
Egypt

Rights group slams blocking of newspaper over state tax dodging investigation

An NGO has slammed Egyptian authorities for reportedly confiscating the issue of an independent newspaper after its front page bore…
Egypt cancels 5% wealth tax ahead of EEDC
Business

Egypt cancels 5% wealth tax ahead of EEDC

                         Egypt is cancelling a 5 percent tax on…
Egypt cabinet reduces taxes on riches and corporations before EEDC
Business

Egypt cabinet reduces taxes on riches and corporations before EEDC

The Egyptian government has approved a decision to unify corporate income taxes at a maximum of 22.5 percent, Finance Minister Hany…
Writing Egypt’s constitution: In pursuit of social justice theory
Opinion

Writing Egypt’s constitution: In pursuit of social justice theory

Of the three demands that Egyptians took to Tahrir Square in the wake of the 25 January revolution — bread,…
Qandil: Financial plan aims to cut subsidies, bring people into tax system
Business

Qandil: Financial plan aims to cut subsidies, bring people into tax system

Egypt's new prime minister said on Sunday he was finalizing an economic reform plan that would rein in hefty subsidies…
Minimum wage a cure for ‘corruption’
Opinion

Minimum wage a cure for ‘corruption’

The word fasad, corruption, has been chanted like a mantra in Egypt for the past month and a half. Ever…
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