Update - Amendments to Egypt's Unified Tax Procedures Law Include New Rules on Overpayment Refunds and Treaty Benefits Rulings

As previously reported, Egypt published Law No. 211 of 2020 on 4 December 2020, which includes amendments to the Unified Tax Procedures Law (Law No. 206 of 2020) that was published in October 2020. In addition to the changes reported, amendments are also made with regard to tax overpayments. This includes that where overpayments have been made, the Egyptian Tax Authority (ETA) is required to offset the overpayment against any outstanding prior tax obligations. Where an overpayment balance rem…