Individual Income

• The statutory Unified Tax Law mandates a tax on personal income, at varying rates, derived from five sources: salaries, professional fees, commercial profits, income from immovable goods such as land and income from moveable capital such as interest. The tax on salaries is levied at 20 percent on the first 50,000 Egyptian dollars and 32 percent on all income above that.
  
  

Corporate Taxes

• Corporate taxes in Egypt are levied on joint stock companies, limited liability companies, partnerships, foreign companies, banks and public corporations. Corporations are levied at a standard rate of 40 percent with lower rates for particular industries.
  
  

Property Tax

• Real estate taxes are levied on rental income and profit from the sale of property rather by annual assessment. Property taxes range from 10 to 40 percent.
  
  

General Sales Tax

• The Egyptian sales tax applies to most goods and some types of services such as tourism, telecommunications and entertainment. Taxes on goods range from 10 percent to 50 percent for specified goods and are payable by the customer at the point of sale. Services are levied at 5 to 10 percent.