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Egypt aims to double tax revenue - Daily News Egypt

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Egypt aims to double tax revenue

  The Ministry of Finance plans to double tax revenue within five years to LE 408.27 billion in fiscal year 2014/15 from the targeted LE 197.3 million in fiscal year 10/11.   This will be achieved through several measures among which are implementing the VAT (Value Added Tax) system instead of the current general sales …


 

The Ministry of Finance plans to double tax revenue within five years to LE 408.27 billion in fiscal year 2014/15 from the targeted LE 197.3 million in fiscal year 10/11.

 

This will be achieved through several measures among which are implementing the VAT (Value Added Tax) system instead of the current general sales tax and amending income tax, Al-Mal reported.

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https://dailyfeed.dailynewsegypt.com/2010/07/13/egypt-aims-to-double-tax-revenue/
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