Review the revenues of liberal and other non-commercial professions. Review and list all costs and expenses necessary for the activity. Review legal exemptions .
Non-Commercial Professions Tax
Non-Commercial Professions Tax is a type of income tax imposed on individuals in Egypt who engage in self-employed or other non-commercial activities.
This tax applies to those who practice their profession independently, where the primary element is personal effort, and the activities are carried out within Egypt.
Key Points
- Scope: Covers income from self-employed professions, intellectual property rights, and other non-commercial activities.
Tax Rates: Subject to the general income tax brackets in Egypt.
- Taxpayers: Individuals residing in Egypt or working abroad but with their primary professional center in Egypt.
- Tax Base: Determined by net income earned in the previous year.