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Ahmed Galal Announces Application of Value Added Bill

Source: www.export-egypt.com 1/14/2014, Location: Africa

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At his meeting with members of the Egyptian Tax Society, Minister of Finance Ahmed Galal discussed the details of the bill of the value added tax of the real estate.
He pointed to the economic incentive package, worth L.E. 30 billion as two thirds of this package will go to investment in infrastructure and the removing third for the government's financial commitments including the new salaries rise.

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