Egypt Planning to Issue New Income Tax Law

The Egyptian Assistant Minister of Finance for Tax Policy and Reforms, Ramy Youssef, has reportedly announced that the government is planning to issue a new revised version of the Income Tax Law. Although details are limited, key points of the new law include:

• An emphasis on simplification and administration;
• Maintaining the tax law changes introduced in 2023;
• Increasing the revenue threshold for Master file and Local file submission to EGP 8 million, along with the separation of transfer pr…