During its plenary session on Monday, the Egyptian Senate gave the final approval to amendments to the tax law on properties issued under Law #196 of 2008. The senate also approved the government’s proposal to add a new article within the amendments granting Finance Minister a specific time frame. 196 of 2008 in a manner that ensures the implementation of the provisions of the law, within a period of six months from the date this law comes into force. The Senate approved the text of Article Three, which regulates exemption from late-payment penalties. The Finance Minister may extend this period once.

Source: Egypt Independent January 20, 2026 11:48 UTC