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Source:
الوطن
Taxpayers Offered Sukuk Option
The Egyptian Tax Authority plans to offer sukuk to taxpayers as part of a package of tax facilitation measures, helping them meet their obligations on time. The sukuk will allow taxpayers to invest some of their available funds and earn a tax-exempt return, then use the principal and return to settle their tax liabilities, with maturity dates aligned with the filing of tax returns. The Authority is preparing the prospectus for the first issuance and has given the business community 10 days to submit comments and proposals before the offering.
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