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Tax Experts Present Factory Property Tax Scenarios
The article discusses the future of property tax on factories in Egypt after the temporary exemption ends at the end of 2026. It presents three scenarios for the government: the first is a final exemption to promote investment and reduce production costs; the second is extending the exemption until 2030 to address economic and geopolitical challenges; the third is continuing to levy the tax under current rules, which could lead to a significant increase in tax burden and higher prices for goods. Experts affirm that the best option is the final exemption, as it supports the industrial sector and helps achieve Egypt’s Vision 2030 goals, while opposing the last option, which would harm manufacturers and impact market competitiveness.
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