Tax payments hit 267 billion pounds in the 2014/2015 fiscal year, Chairman of the Egyptian Tax Authority Abdel Moniem Matar said.
The figure represents 90 percent of the total target, Matar said at a Ramadan sohour ceremony (a pre-dawn meal consumed by Muslims before starting fasting) organized by the Tax Authority late Tuesday.
Tax officers collected 105 billion pounds of the sales tax and 162 of the income tax so far, he said.
Matar noted that contacts are underway with the government to identify sectors that do not pay taxes.
Name (required) *
E-mail (required, but will not be published) *
Notify me of follow-up comments
Tamim Iqbal scored his eighth Test century before Moeen Ali took 5-57 to spark a spectacular collapse as England dismissed Bangladesh for…
The facade of the world's tallest building, the Burj Khalifa in the Gulf emirate of Dubai, was lit up in pink Thursday…
It took just seven days for "Wizard of Oz" nostalgics to raise more than $300,000 in a crowdfunding drive to restore Dorothy's…
Powered and Developed by FilmMatters
Copyright © 2016 Arabtoday