President El-Sisi ratifies package of tax and public finance laws

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Thu, 30 Jul 2026 - 04:21 GMT

BY

Thu, 30 Jul 2026 - 04:21 GMT

CAIRO - 30 July 2026: President Abdel Fattah El-Sisi has ratified a package of laws introducing amendments to Egypt's tax framework and public finance system, according to the Official Gazette.
 
The package includes amendments to the laws governing value-added tax (VAT), income tax, stamp tax, unified tax procedures, and state resource development fees.
 
El-Sisi also approved legislation extending the application of Law No. 79 of 2016 on tax dispute settlements, allowing taxpayers and the Tax Authority to continue resolving outstanding disputes under the existing framework.
 
In addition, the president ratified a law stipulating that a percentage of the net profits of state-owned companies and public legal entities will be transferred to the state's general treasury.
 
The ratified laws include:
 
* Law No. 148 of 2026: Amending certain provisions of Law No. 147 of 1984 on state resource development fees.
* Law No. 149 of 2026: Amending the Value Added Tax Law (Law No. 67 of 2016).
* Law No. 150 of 2026: Amending the Unified Tax Procedures Law (Law No. 206 of 2020).
* Law No. 151 of 2026: Amending the Income Tax Law (Law No. 91 of 2005).
* Law No. 152 of 2026: Extending the application of Law No. 79 of 2016 on tax dispute settlements.
* Law No. 153 of 2026: Amending the Stamp Tax Law.
* Law No. 154 of 2026: Allocating a percentage of the net profits of state-owned companies and public legal entities to the state's general treasury.

 
The ratification follows the approval of the legislative package by the House of Representatives as part of the government's broader efforts to strengthen public finances and modernize Egypt's tax system.
 

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