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Cyprus

60-day rule – Cyprus Tax Residency

[print_link] According to the Income Tax Law of 2002, the Cyprus tax residency- based system constitutes individuals physically spending over 183 days within a tax year (1st January to 31st December) in Cyprus (the “183-day rule”), as tax residents in…

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Egypt

القانون رقم 170 لسنة 2020

[print_link] فى 13 أغسطس 2020 ، أصدرت الحكومة المصرية القانون رقم 170 لسنة 2020 و الذى يطالب الشركات بخصم 1% من رواتب جميع موظفيها لمدة (12) شهرا ً إعتبارا ً من 13 أغسطس 2020 سواء كانوا يعملون بالقطاع العام أو…

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Egypt

EGYPT ISSUES LAW 170 ON SALARIES AND PENSIONS DEDUCTIONS DURING THE PANDEMIC

[print_link] On August 13th 2020, the Government of Egypt issued Law No. 170 for the year 2020. The law requires companies to deduct 1% from all its employees’ salaries for a period of 12 months starting from August 13, 2020….

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