In 2003, Egypt's corporate tax rate was 40%, reduced to 32% for industrial companies, and profits made through export operations. Branches of foreign companies are treated the same as domestic companies. The government is planning to introduce a uniform corporate tax structure.
Personal income tax is assessed according to a progressive schedule with rates from 5% to 25%. The standard deduction for a single person is E £2,000 (about $328).
The main indirect tax is the General Sales Tax (GST), set at 10% for most product, and 25 on a few others. Services are taxed at lower rates of 5% and 10%. There are also stamp duties that range from ranging from E £100 to E £600 (roughly, $15 to $100).