Egypt recently published amendments to the Unified Tax Procedures Law, including changes to different tax penalties. Key points include: Late payment penalties are limited to 100% of the original tax due; An out-of-court settlement mechanism is provided, allowing taxpayers to pay a reduced indemnity to avoid criminal prosecution in tax matters, which is set at between 50% and 200% of the legal fine; In case of ongoing legal proceedings, taxpayers are allowed to negotiate a compensatory payment equal to: 1.5 times the minimum fine if before a judgment; 3 times the minimum fine if after judgment, but before final conviction;...