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Daily Archives:July 17, 2024

Andersen in Egypt’s Tax Newsletter for May 2024

Tax Alerts.By Developer. June 4, 2024

As the evolving environment of investment in Egypt, there will be arising need to law amendment to face the new imposed issues in the investing changing circumstances that we would like to summarize as follows.

Tax Deferral and Exemption for Imported Machinery in Egypt

Tax Alerts.By Ismaeel Mohamed. July 17, 2024

The due tax on machinery and equipment imported from abroad or purchased from the local market for factories and production units for use in industrial production is deferred for one year from the date of release or purchase.