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المصري اليوم
President Sisi approves vital laws now in effect
President Abdel Fattah El Sisi has approved seven new laws that will come into effect starting today, July 31, 2026. These laws include amendments to certain provisions of tax and financial resources laws, such as an increase in the state’s financial resource development fee, adjustments to the VAT rate from 13% to 14% with 1% allocated for social justice, and the provision of exemptions and facilitation measures for factories and economic activities. The laws also renew the validity of the Tax Dispute Resolution Law until December 2026, introduce modifications to income tax laws and stamp duties on stock market transactions, and implement specific profit-sharing percentages for state-owned companies to support public financial resources. The aim of these amendments is to boost revenues and improve Egypt’s business environment.
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