18 January 2014

Egypt: Cabinet Denies Amending Tax Law of Agricultural Lands

The Cabinet has denied media reports that an amendment has been made to the agricultural land taxation law.

In a statement on Friday 17/01/2014, the Cabinet said that the law imposes taxes on the rental value of the agricultural lands and excludes farmers who possess less than three acres.

The rental value is considered every 10 years, the statement said, adding that the value has not been amended over the past 20 years.

No plans to amend the law or increase the tax, the Cabinet reaffirmed.

Copyright © 2014 Egypt State Information Service. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.