New tax measures to be introduced
|Proposed Changes|Egypt

The Council of Ministers approved on 31 May 2011 a draft proposal with the following tax measures:
| - | the corporate income tax rate and the top marginal personal income tax rate will be increased from 20% to 25% for taxable income exceeding EGP 10 million; | |
| - | a 10% withholding tax will be introduced on gross dividend distributed by Egypt resident comp… |