Egypt’s Finance Ministry is seeking to double tax revenue to 408.3 billion Egyptian pounds ($71.7 billion) by fiscal year 2014/2015, Al Mal reported, citing unidentified ministry officials. The govern...

Egypt’s Finance Ministry is seeking to double tax revenue to 408.3 billion Egyptian pounds ($71.7 billion) by fiscal year 2014/2015, Al Mal reported, citing unidentified ministry officials. The government plans to enact new measures, including imposing a value-added tax, and adjust the current law on income tax, the newspaper said. (Source: Arab Finance)