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[QUOTE]Originally posted by Penny: [QB] Just a question to you Elmagnoon... does anyone actually pay the right amount of tax in Egypt. I was recently asked by a western business man if I would produce accounts for his Egyptian company so he could assess it's performance. His Egyptian accountants were too busy fiddling the figures, and telling him it is normal practice,... so he does not pay much tax, ...for him to have a clue what was actually going on. I have spoken to many Egyptian accountants and it seems to be standard practice to have two sets of books for every business. If these sorts of practices are so ingrained in the system of a country you can hardly blame a foreigner for coming here and following 'normal' practice. [This message has been edited by Penny (edited 03 July 2004).] [/QB][/QUOTE]
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