Tax

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Considerable oil and gas revenues have provided the Algerian government with sufficient funds to embark on generous public spending programmes in nearly all sectors, leading to improvements in many of the country’s headline indicators. 

CORPORATE INCOME TAX: Egyptian corporate income tax (CIT) is levied upon corporations, partnerships and branches, and on all profits earned abroad or in Egypt. Non-resident companies operating in Egypt by way of an Egyptian permanent establishment are subject to CIT to the extent that revenue is...

Politically and socially, Egypt is moving into new territory after the election of its first civilian president. The economy has felt the strain of this transition, with governmental budgets requiring additional infusions of cash. One response to this has been the introduction of several changes to Egypt’s tax regime aimed at maximising tax revenues...

Chapter | Tax from The Report: Egypt 2013

In conjunction with Deloitte, OBG explores the taxation system, examining Egypt’s investor-friendly environment.

The wealth of the Nile River and its fertile banks and delta, together with Egypt’s location at the confluence of Africa, Asia and Europe, have made the country a valuable prize for centuries, as well as a centre of trade and ideas. 

To what extent can the recent tax incentives strengthen local businesses’ competitiveness?

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