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Egyptian Tax Authority denies imposing development tax on cars

Egyptian Tax Authority denies imposing development tax on cars
The government has no plan to impose a new tax on cars

Cairo – Mubasher: The Egyptian Tax Authority (ETA) denied reports about plans to impose a development tax on all locally manufactured and imported vehicles.

The ETA affirmed that these claims are “baseless and entirely incorrect”, according to a statement on Wednesday.

Previously, some news outlets claimed that the government is considering a new tax on all imported and locally produced cars.