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#law

Egypt’s House of Representatives' Budget Committee approved a bill amending various existing laws to introduce new tax measures for a wide range of entertainment activities, including theaters, parties, cinemas, and nightclubs, as per a statement announced on Wednesday, 24 May. A new five percent tax will be applied to music and dance parties at nightclubs, hotels, casinos, floating hotels, as well as symphonies or concerts at the Opera House. On the other hand, a 10 percent tax will be placed…