- The Egyptian Tax Authority (ETA) denies plans to raise the VAT rate or remove food exemptions
- ETA emphasizes a stable tax policy to attract investment and support economic growth
- No changes are planned for essential goods crucial to citizens’ needs
- ETA is working on initiatives to build trust with businesses and simplify tax procedures
- The Authority supports sustainable development and a strong social safety net
- No current plans to increase income tax or the general VAT rate
Source: dailynewsegypt.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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