How Egypt implemented a flat tax
By Paul
"Since 2005 all businesses have paid a 20% corporate income tax – rather than 32% or
40%, depending on the sector. All sector-, location- or business-specific tax holidays and exemptions were eliminated, about 3,000 in all. Businesses can file and pay taxes electronically. As a result two million Egyptians filed taxes in 2005, double the number in 2004."
Related;
Tax reform: a holistic view
How to Reform the Business Environment
Mahmoud Mohieldin, Minister of Investment for Egypt, spoke on the economic reforms currently being undertaken there. He noted that changes had overcome resistance by proceeding on many fronts, including exchange rates and privatization, with the end result of streamlined business processes and removal of delays.
The Egyptian Center for Economic Studies