Egypt’s Ministry of Finance issued Ministerial Decree No. 221 of 2018 on 22 May 2018, which amends the country's transfer pricing regulations. Main changes include:
- The definition of related party transactions for which transfer pricing rules apply is amended to specifically include commercial or financial transactions between associated persons for the exchange of goods and services, allocation of cost contribution, royalties, interest, and other commercial or financial transactions;
- The al…