Translation of Defense memorandum

Defense memorandum

By _______________________

Represented to Appeal Committee (first committee – first sector)

Against

The estimates of the Shareholding Companies Tax Department

Regarding tax on stock companies

For the period from 1998-1999/ 2002-2003

         

 Mr. Head of Tax Appeal Committee

 First committee – first sector                   Appeal number: ____ of ______

           File number: ____/___

Greetings,

‎Prima facie

The Shareholding Companies Tax Department has conducted inspections on the documents of the Appellant company to assess to what extent the Company is applying the provisions of the law No. 157 for the year 1981 Promulgating Income Tax Law as amended by the law No. 187 for the year 1993;

According to actual examination conducted on the business records and approved tax forms, the Company was notified of the elements of correlating the tax to its value and to correlate the tax of the appellant company’s claim to its tax commitment to the securities company profits tax, and movable properties as set forth in form  no. (19) Tax, attached to the tax appeal documents issued under number ____on May 21, _____;

As a result, the appellant company challenged the aforementioned claim altogether; and submitted its memorandum of appeal No. _____dated May 26, ____at the Shareholding Companies Tax Department.

Therefore, the objections of the appellant company have met the formal aspects.

Translation by Heba Musa