Dispelling fears of bankruptcy

Sat, 03 Oct 2020 - 07:17 GMT

The onset of COVID-19 has brought about fears of bankruptcy for companies globally.

Egypt's Finance min.: Putting into effect tax income amendments to alleviate burdens on people

Sat, 01 Aug 2020 - 09:43 GMT

He said this will contribute to promoting justice with regard to taxes as tax slices would alleviated burdens on people.

Law of delinquent taxes to alleviate burden on financiers, says minister

Tue, 21 Jul 2020 - 10:03 GMT

This law guarantees quick collection of state dues and maximizes government ability to offer services during that pandemic, Mait said in a statement.

House okays bills amending stamp, income tax laws

Mon, 20 Jul 2020 - 03:31 GMT

Also, the parliament endorsed a bill amending some provisions of income tax law no. 91/2005.

No new tax levied on mobile lines - official

Sun, 19 Jul 2020 - 01:05 GMT

This raised mobile lines' annual subscription from six to 8 pounds to be deducted from mobile phone charge cards by 68 piasters monthly.

Finance Ministry denies levying monthly tax on iPhone users

Wed, 24 Jun 2020 - 04:01 GMT

In a statement on Wednesday, the ministry dismissed as groundless statements attributed to Finance Minister Mohamed Maait in this regard.

Deadline for filing added value tax returns extended to May 10

Thu, 30 Apr 2020 - 12:05 GMT

The move comes as part of the tax authority's measures to ease the collection process for all the taxpayers amid the coronavirus crisis.

Finance Ministry: Tax revenues hit LE 366.8B in 7 months

Thu, 16 Apr 2020 - 05:04 GMT

The ministry said the revenues from the income tax increased by LE 13.3 billion to register LE 120.2 billion.

‘Fugitive contractor’ referred to criminal court for VAT evasion

Sat, 30 Nov 2019 - 01:28 GMT

That is two weeks after he was sentenced to five years in prison by Tax Evasion Misdemeanor Court.

Egypt discusses social media ads’ tax with Facebook

Tue, 20 Aug 2019 - 03:38 GMT

Ministry of Finance is about to finalize a new draft law on income tax.

55 financial fraud cases worth LE200M unravel in 1 month

Mon, 15 Jul 2019 - 12:00 GMT

The crimes varied from bribery and administrative corruption to illegal currency trade, money laundering and tariff evasion.

22 officials referred to trial for not collecting LE1.304B

Tue, 11 Jun 2019 - 11:18 GMT

They did not collect LE1.304 billion ($78 million) from lessees of beaches of a number of beaches in Alexandria.

16 officials at real estate tax authorities referred to court

Tue, 05 Mar 2019 - 12:53 GMT

They collected less revenues by LE130 million and manipulated the value of the units.

LE 10 tax imposed on private universities' students for martyrs' fund

Wed, 23 Jan 2019 - 09:29 GMT

Egyptian Ministry of Higher Education and Scientific Research ordered collecting LE 10 ($0.56) from each of the students of private higher institutes and universities as contribution to a national fund honoring martyrs.

Mexican president decrees tax cuts for U.S. border region

Tue, 01 Jan 2019 - 11:01 GMT

Mexico's new leftist President Andres Manuel Lopez Obrador on Monday decreed tax cuts for northern states that he says will help power economic growth and deter migration to the United States.

Jordan's parliament passes IMF-backed tax law to reduce public debt

Mon, 19 Nov 2018 - 02:50 GMT

Jordan's parliament approved a new IMF-backed tax law on Sunday after introducing some changes in a move to push ahead with crucial fiscal reforms.

Sisi orders to accelerate pace of settling tax disputes

Thu, 13 Sep 2018 - 11:10 GMT

Egypt’s tax revenues increased to LE 628 billion in fiscal year 2017/2018, compared to LE 433 billion in the previous fiscal year 2016/2017.

Ex-Trump lawyer Cohen under investigation for tax fraud -WSJ

Tue, 07 Aug 2018 - 10:20 GMT

Federal prosecutors in New York are examining whether U.S. President Donald Trump's former lawyer, Michael Cohen.

Parl. supports gov’t to impose taxes on Facebook, Google advertisers

Fri, 22 Jun 2018 - 10:03 GMT

Digital giants Google and Facebook have both dominated the advertising market in the United Kingdom.

Aston Villa reach agreement with UK tax authorities

Fri, 08 Jun 2018 - 01:00 GMT

Aston Villa have reached an agreement with British tax authorities (HM Revenue & Customs) over a tax bill and are currently not working with administration advisors or insolvency practitioners