PM Gives Sports Clubs Taxes Grace Period

Prime Minister Ibrahim Mahlab decided on Monday 1252014 to give sports clubs a grace period of two years before the start of the tax arrears payments as well as scheduling delinquent taxes.

This came during his meeting with the clubs committee members in the presence of youth and finance ministers.

The meeting also discussed the possibility of soccer fans return to the stadiums under strict security measures to ensure their safety.

Mahlab asserted that he is willing to exert all efforts to heal the rift between al-Ahly and Masry fans.

He asserted that he appreciates the value of sports and their importance to the individual and society.

Source : Egypt State Information Service