Today.. the head of the Sina Cola company was sentenced for tax evasion

02:00 am

Saturday 20 November 2021

Cairo – Masrawy:

Today, Saturday, the Tax Evasion Appeal Court, held in the Fifth Settlement, headed by Counselor Mina Abdel Malak, issues a ruling against the Chairman of the Board of Directors of the “Sina Cola Company”, on charges of evading the payment of 383 million pounds in general sales taxes in Case No. 2 of 2020 Appeal misdemeanour. Tax evasion.

The beginning was the decision of the Tax Evasion Misdemeanors Court, headed by Counselor Mohamed Jamil, to imprison the accused for three years and a bond of ten million pounds, and a fine of 5 thousand pounds, and obligating him to pay an amount (three hundred and eighty-three million pounds, six hundred and thirty-four thousand, and one hundred fifty-eight pounds and twenty piasters). , the amount of the value of the tax due and obligating him to pay the amount of additional tax and expenses.

Case No. 2 of 2020 Appellant Misdemeanors of Tax Evasion revealed that during the period between January 2011 and December 2015 a company, the accused, “Mustafa M.S.”, Chairman of the Board of Directors of “Sina Cola” company, deducted tax without Facing a right in violation of the provisions and limits of the discount during that period, in his capacity as registered and subject to the provisions of the general sales tax, and evading the payment of the sales tax legally established on December 23, 2019.

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