Proven Success

Setting a New Precedent in Taxation
Setting a New Precedent in Taxation

CHALLENGE
A large German cement investor in the Egyptian market, received a claim to pay EGP 63 million of undue taxes.

SOLUTION
IPA build a case based on scientific approach through different resources obtaining reports from credible entities. IPA worked on creating a win-win situation between related parties.

RESULTS
Obtaining the approval from government to waive the 100% of the amount 63M EGP undue taxes in critical time. IPA was able to set forward a new regulation that will be implemented later on by the tax authorities in Egypt.