Egypt Finance Minister Denies Plans To Increase Taxes


Egypt finance minister denies plans to increase taxes

Mon, 14 Sep 2020 | By middleeastmonitor | 6 Hits

The Egyptian Minister of Finance Mohamed Maait on Saturday denied plans to increase taxes saying the government is keen on stabilising its tax policies in a way that contributes to attracting new investments and providing job opportunities In light of the efforts made to expand the tax base we aim to increase the tax rate to the domestic product by 25 per cent in five years from 14 to 165 per cent with an annual growth of five per cent of the GDP while maintaining the stability of tax policies he said The minister said the tax administra >>READ MORE



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