Egypt: Income Tax Amendments 2024
The Egyptian Government has given its approval to amendments modifying specific provisions within Tax Law No. 91 of 2005. Key amendments within the law include:
1. Increasing the zero-rated bracket from EGP 30,000 to EGP 40,000. Below is the updated annual income tax table.
2. Raising the annual personal exemption from EGP 15,000 to EGP 20,000
The changes will take effect starting from 1 March 2024.
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