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Egypt introduces new legislation to facilitate tax settlements

27 February 2025

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Tax Alerts, Legislation & Policy, Na...

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Egypt

The Egyptian Parliament has enacted a package of tax laws, including Law No. 7 of 2025, which introduces amendments to the Unified Tax Procedures Law No. 206 of 2020.Law No. 7 of 2025 introduces a cap to late-payment fees or additional taxes, while also providing a framework for penalties to settle tax crimes, and sanctions cases that do not involve tax obligations and withholding tax violation settlements.Taxpayers should evaluate the provisions of Law No. 7 of 2025 and assess the relevant tax updates that may affect their business. Executive summary On 12 February 2025, the Egyptian Parliament enacted Law No. 7...