Cairo – Mubasher: The Egyptian minister of finance Mohamed Maait highlighted the main aspects of the temporary draft law intended to resolve tax disputes.   

The temporary (six-month) draft law has been referred by the Egyptian cabinet to the parliament for approval, according to a statement released by the Ministry of Finance on Thursday.

Under the new bill, tax payers will be allowed to resolve disputes directly with the Tax Administration, without the need for resorting to courts.

In addition, a 30% deduction from due taxes will be given when an agreement is reached with the Tax Administration before the issuance of appeal decisions.