Utopia: Court issued verdict in tax exemption’s case filed by GAFI

Updated 11/28/2016 10:49:43 AM

Arab Finance: Utopia (UTOP) announced that the Administrative court ruled of rejecting the appeal filed by General Authority for Investments (GAFI) against the company, regarding tax exemption.

According to the above-mentioned verdict, the company will transfer part of allocations amounting to LE4 million to the company’s annual revenues.