The government expects to collect taxes on salaries and wages of EGP 37.4bn compared to the EGP 36.4bn in the current budget. Changes will hit trade professions tax as well, with an increase from EGP 1.4bn to about EGP 1.8bn in the next fiscal year. The proceeds of the targeted property tax in the new fiscal year are divided to EGP 256m from the land tax compared to EGP 234m this year, in addition to EGP 3.7bn from building tax compared to EGP 2.4bn this year. Other fees on passports will also increase to EGP 220m, as well as fees on consular procedures of EGP 3.4bn compared to EGP 2.6bn. The government intends to collect EGP 9bn of hotel and tourism services tax compared to EGP 7.7bn, international and domestic telecommunications services by EGP 11.1bn compared to EGP 6.8bn, and operation services to EGP 16bn compared to EGP 13bn.

Source: Daily News Egypt June 11, 2017 12:45 UTC