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New tax model for the activity of pharmacists and tax examination for previous years will take into account the conditions of specific activity


Dr. Youssef Boutros Ghali, Minister of Finance has agree  to set up a committee in cooperation with the Union of Pharmacists to prepare a new tax model specialize on pharmacies actively like models fo...

Dr. Youssef Boutros Ghali, Minister of Finance has agree  to set up a committee in cooperation with the Union of Pharmacists to prepare a new tax model specialize on pharmacies actively like models for the oil and tourism sector to be represented by legal professional accountants in the field of account auditing of pharmaceutical companies beside representatives of pharmacists and the Tax Department.   The minister said that the tax examination for fiscal pharmacies for the past four years from 2005 will take into account all the circumstances and the circumstances of the activity. And this came during his meeting with Dr. Mahmoud Abdel-Maksoud, the Secretary-General of the Union of Pharmacists, and Dr. Mohamed Abdel-Gawad, Under-union. And the tax treatment of pharmaceutical activity in the coming period, the minister pointed out that an agreement was reached on the application of the law on pharmacies as it also valid for all commercial activities in Egypt.   From his part, Dr. Mohamed Abdel-Gawad, pharmacists care to continue the good relationship with the Ministry of Finance, and the union decided to suspend pharmacists strike before the meeting to confirm this relationship and show good faith, stressing that he found during the assessment and understanding of the extent of Dr. Ghali, to the dimensions of the problem. He added that the minister promised to study the amendment to the definition of small enterprises for the purposes of the income tax law. (Source: Ministry of Finance)      

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New tax model for the activity of pharmacists and tax examination for previous years will take into account the conditions of specific activity