Egypt
A. Progress in the implementation of the minimum standard
Egypt has 591 tax agreements in force as reported in its response to the Peer Review questionnaire. Twenty-nine of those agreements comply with the minimum standard.
Egypt signed the MLI in 2017 and deposited its instrument of ratification on 30 September 2020, listing its non-compliant agreements concluded with other members of the Inclusive Framework. The MLI entered into force for Egypt on 1 January 2021. The agreements modified by the MLI come into compliance with the minimum standard once the provisions of the MLI take effect.
Egypt is implementing the minimum standard through the inclusion of the preamble statement and the PPT.2
Notes
← 1. Egypt indicated in its response to the Peer Review questionnaire that the agreement between the Arab Republic of Egypt and the Council of Ministers of Serbia and Montenegro was inherited between Serbia and has been counted as two separate agreements.
← 2. For its agreements listed under the MLI, Egypt is implementing the preamble statement (Article 6 of the MLI) and the PPT (Article 7 of the MLI).