New Tax Law January 13, 2007

General provisions
Income Tax on Natural Persons :
o Range of the tax and its rate
o Salaries and the like
o Commercial and industrial activity
- Taxable Revenues
- Determining the revenues included in the taxable base
- Exemptions
o Non-commercial professions revenues
- Taxable Revenues
- Determination of revenues included in the taxable base
- Tax exemptions
o Revenues of the real estate wealth
- Taxable Revenues
- Determination of revenues included in the taxable base
- Tax exemption
- Miscellaneous Provisions
Tax on profits of juridical persons
o Range of the tax enforcement
o Determination of the taxable income
Tax withheld at source
Deduction, Collection and advance payments on account of the tax
o Commercial and industrial activity:
- Deduction
- Advance Payments
- Collection on account of the tax
o Non- Commercial Professions :
- Deduction of the tax
- Collection on account of the tax
o General Provisions
Tax Payers' and others' obligations
o Notification and bookkeeping
o Tax returns
o Tax assessment
o Inspection and investigation
o Collection guarantees
o Appeal procedures
Penalties
Final provisions

Official Website: http://www.ice-egypt.net/jan6-2007.php