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The president of the Egyptian Tax Authority has issued the periodic book no. (28) of 2015 concerning the application of the amendments of the Income Tax law no. 96 of 2015
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The law no. 96 of 2015 has been issued to be enforced as from August 21, amending some of provisions of the income tax law no. 91 of 2005 by reducing the tax for corporations to be 22.5% and for the tax brackets for salaries and income for individuals. Also the law has waved out the additional temporary 5% tax as from 2015 income tax return.
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The Egyptian Tax Authority (ETA) has issued its periodical book no. (12) of 2015 concerning the application of the amendments to the Income Tax Law and its executive regulation.
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The Minister of Finance has issued the decree no. 172 of 2015 concerning the amendments of some provisions of the Executive Regulation no. 991 of 2005 of Income Tax Law. The regulation mentions the amendments concerning tax treatments for salary tax, dividends and capital gains on securities.
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A presidential decree bylaw no. 17 of 2015 concerning the amendments of the following laws:
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