Foreign practice of tax incentives for small businesses

This article provides an overview of the foreign system of tax incentives for small businesses, using the example of Egypt. The assessment of the country's investment incentive regime is given for further study and analysis of foreign practice. An overview of existing incentives and their implications for tax administration is given, and options are proposed to ensure that tax incentives achieve public policy goals in a cost-effective manner. The article also focuses on issues of tax management and transparency.