The Egyptian Ministry of Finance has issued a release announcing a tax payment facility for sectors most impacted by the COVID-19 pandemic. The facility provides for the payment of the 2019 corporate income tax liability in three installments equal 20% of the liability by the end of April, 50% by the end of May, and 30% by the end of June. According to the release, sectors/businesses eligible for the payment facility include:
- Aviation;
- Tourism, including restaurants and cafes;
- Hotels;
- Press…