“Finance” denies submitting a draft law to override the consideration for delay and additional tax on financiers and accountants

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The Ministry of Finance said that it is not correct to submit a new draft law to override the delay and additional tax on financiers and accountants, whether by the ministry or the Egyptian Tax Authority.

The ministry added that the second article of Law No. 16 of 2020 stipulates that taxpayers are exempted from paying 30% of the delay compensation for the unpaid tax that is due based on the agreement that takes place with the authority before the appeal committee’s decision is issued, provided that the tax due is paid.

The article “Finance” denies submitting a bill to override in return for delay and additional tax on financiers and accountants, which was written in Al Borsa newspaper.