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[QUOTE]Originally posted by Penny: [QB] http://www.amcham.org.eg/dbe/lawsofbus.asp Not that it's got anything to do with this thread but if you want the laws on business and taxation this is a good site. And just a personal opinion: it is the responsability of the Egyptian government to have systems in place that work to ensure that ALL citizens and foreign investors pay the correct taxes but lets be honest if the residents operate under a culture of tax evasion on a huge scale you can hardly expect foreigners to be standing in line to sign up when there is not even a proper system in place to encourage them to do so. The first thing any Egyptian lawyer will tell you when you ask to register a property is how to set up the contracts to avoid paying the 3% tax due on the purchase price. It is endemic in the whole society. So if there is going to be reform it has to come from the top and not from the likes of foriegn investors who arrive from a culture where they actually accept the payment of taxes as being an unavoibale part of life. [/QB][/QUOTE]
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