QNB reconciles tax disputes in Egypt

Cairo – Mubasher: The Egyptian finance ministry on Friday announced that it has settled 65 tax disputes with Qatar National Bank Al Ahli (QNB Al Ahli).

The desipute was regarding the stamp tax, however, the lender is taking advantage of a 90% exemption of delay penalty and paid EGP 100 million from a total EGP 192 million, the ministry said in a statement. 

The disputes date back 20 years ago, the ministry indicated.

 

Mubasher Contribution Time: 24-Nov-2018 13:48 (GMT)
Mubasher Last Update Time: 25-Nov-2018 12:43 (GMT)