On the occasion of the Austrian Fact Finding Mission to Cairo, from May 5th to 8th, 2014, Dr. Ashraf Hanna briefed the Austrian businessmen on the recent development of the Egyptian taxation system. Of special interest for the Austrian companies were the following topics:
- Withholding tax
- Operational sites
- Sales tax
- Bilateral Agreement for avoidance of Double Taxation
- Profit transfer and related taxes
- Income tax with employment of local staff (short time, longtime)
After the briefing an intensive discussion about taxation and legal matters in Egypt took place.