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Egypt Clarifies Determination of Individual Income Tax for 2020

|Approved Changes|Egypt
Egypt

The Egyptian Tax Authority (ETA) has issued guidance to clarify the determination of the individual income tax liability for 2020 in light of the introduction of new progressive individual income tax rates introduced by Law No. 26/2020 in May 2020 ({News-2020-05-13/A/7-previous coverage}).

The guidance provides that with respect to employment income, the prior progressive rates apply for incom…

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