Egypt Approves Extending Tax Dispute Reform Law

Egypt Approves Extending Tax Dispute Reform Law

Egypt’s government has approved extending a law designed to make settling tax disputes easier, Reuters reports.

The extension, which must be voted on by parliament, is for two years, Finance Minister Amr El-Garhy said.

Introduced in August 2016, the law shifted responsibility for hearing such disputes from the courts to committees of independent experts.

More than 6,000 cases worth about  EGP 47 bn (USD 2.67 bn) were in the court system when the new law came into effect.

Since then, disputes over EGP 15 bn have been settled, said deputy finance minister for tax policies Amr El-Mounir.

Login

Welcome! Login in to your account

Remember meLost your password?

Don't have account. Register

Lost Password

Register