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26 February 2008
  • Al-araby expects increasing in the yield of the returns to 10 billion pounds

Mr. Ashraf al-araby, the head of the Egyptian tax authority, has announced that the number of taxpayers who submit their returns is increasing.

 

He expects that ,the yield of the returns will reach an increase of 10 billion pounds against 7.4 billion pounds in the previous year. He also expected a limited increase in the number of taxpayers who submit their returns through this year, referring to the expected increase in the tax yield which will be larger due to the improvement of the national economy growth rates and on levels of different business sectors.

(source:al-ahrar)



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