Egypt's Finance Minister Youssef Boutros Ghali said the government plans to reduce property tax to 8% of annual rental value from 46%
Egypt's Finance Minister Youssef Boutros Ghali said the government plans to reduce property tax to 8% of annual rental value from 46%, reported Arabic daily Al Sharq Al Awsat. Ghali said the ministry will present this new law along with other new tax laws for discussion in the parliamentary session that will start on November 7.