News

No New Taxes After Minimum Wage Increase

17 Mar 2021

Mohamed Maait, Egypt’s Finance Minister, has denied that the government intends to impose new taxes. He also said that there are no plans to increase current tax rates after increasing the minimum wage. In a TV interview, Maait stated that the government will collect more taxes by expanding the base of taxpayers and improving the mechanism of collection. (Source: Egypt Today)

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