Amendments to income tax law on Sisi's desk
Abdel Fattah al-Sisi
Cairo - MENA
Amendments to the income tax law have been referred to President Abdel Fattah El Sisi, said head of the Tax Authority Abdel Men'em Mattar Wednesday.
The amendments include a two-year delay of the Capital Gains Tax (CGT) law, Mattar said.
The amended law also sets the income tax at a maximum of 22.5 percent instead of 25 percent, he added.
Mattar made it clear that the CGT calculated until May 17 - when the law was suspended - will be collected.
Asked about taxes on free trade zones, Mattar said it will be set at 10 percent by a specific law.
- Sunday ,09 December GMT 12:33 2018 Egypt's decision to adjust customs' duties on luxury goods to benefit economy
- Wednesday ,05 December GMT 21:03 2018 Bahrain's economic delegation concludes successful India visit
- Thursday ,29 November GMT 20:20 2018 Japan funds project to enhance water quality project in Palestinian town
- Wednesday ,28 November GMT 09:50 2018 Egypt, Saudi Arabia to strengthen economic ties in coming phase
GMT 19:07 2018 Friday ,14 December
Lebanese PM flags up Saudi investment potential, financial tiesGMT 21:16 2018 Thursday ,13 December
Egypt, Algeria sign MoU to increase trade exchangeGMT 12:33 2018 Sunday ,09 December
Egypt's decision to adjust customs' duties on luxury goods to benefit economyGMT 21:03 2018 Wednesday ,05 December
Bahrain's economic delegation concludes successful India visitGMT 10:58 2018 Sunday ,02 December
Egypt’s total public investments record EGP 72 bln in Q1GMT 14:23 2018 Friday ,30 November
Saudi Arabia pledges $50 million to UNRWAGMT 20:20 2018 Thursday ,29 November
Japan funds project to enhance water quality project in Palestinian townGMT 09:50 2018 Wednesday ,28 November
Egypt, Saudi Arabia to strengthen economic ties in coming phaseRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 10:07 2019 Monday ,19 August
Live a calm and distinctive atmosphere
GMT 08:45 2018 Friday ,19 January
Taiwan chip 'godfather' bullish on cryptocurrency
GMT 08:53 2017 Saturday ,11 November
Saudi cuts crude exports by 120 thousand barrels per day
GMT 09:39 2019 Monday ,19 August
Live an important atmosphere in your career
GMT 12:48 2018 Friday ,14 December
9.8 million dislikes: YouTube's most-hated video is now 'Rewind 2018'
GMT 13:53 2018 Monday ,15 January
Bangladesh, Myanmar talk to ‘settle issues’ on Rohingya return
GMT 12:44 2018 Tuesday ,06 November
Tokyo stocks close higher on robust domestic earnings
GMT 06:34 2015 Thursday ,22 January
India's Suzlon sells German unit to raise €1bn
GMT 04:15 2018 Sunday ,09 September
Putin suggests comparing notes on current and midterm issues at meeting with Armenia’s PM
GMT 11:55 2017 Thursday ,20 April
King hails medical milestone
GMT 09:36 2017 Saturday ,22 April
US judge orders VW to pay $2.8 bln criminal penalty
GMT 12:13 2017 Saturday ,07 October
Gender is new battleground in culture wars
GMT 22:48 2017 Friday ,17 March
Is this 10th largest diamond ever found?
GMT 08:43 2017 Wednesday ,18 October
US strategy sees Raqa fall but leaves Kurds in lurch
GMT 16:55 2018 Monday ,22 October
New campaign launched in Cairo to raise awareness of migraines
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor