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Egypt Planning to Issue New Income Tax Law

|Proposed Changes|Egypt
Egypt

The Egyptian Assistant Minister of Finance for Tax Policy and Reforms, Ramy Youssef, has reportedly announced that the government is planning to issue a new revised version of the Income Tax Law. Although details are limited, key points of the new law include:

  • An emphasis on simplification and administration;
  • Maintaining the tax law changes introduced in 2023;
  • Increasing the revenue threshold for Master file and Local file submission to EGP 8 million, along with the separation of transfer pr…

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