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New law provides 65% waiver of additional taxes and late payment delay fines

Law No. 153 of 2022, issued by the Egyptian government and published in the official gazette on 28 July 2022, allows the waiver of 65% of all additional taxes and late payment delay fines due to date under certain conditions. Additional taxes and late payment delay fines are imposed when the amounts included in the tax return are less than the final amounts assessed to tax by the tax authorities.

Source Deloitte

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