Roundtable Discussions

Effective Tax Rate and Investment Decisions in Egypt

Date : 10/9/2000

Speakers : Medhat Hassanein, Minister of Finance; Hazem Hassan, KPMG; Samiha Fawzi, ECES

This roundtable discussion explained why the nominal tax rate does not reflect the real tax burden on capital in Egypt; whether the effective tax rate promotes investment in Egypt as compared to some other countries; and the impact of the tax system on the various investment decisions.