Taxes are the most important matter for any economy, they provide the sustainable funding needed for social programs and public investments to promote economic growth and build a prosperous society. But policy makers face difficult challenges in formulating good tax policies. They need to be guided by the principles of taxation in order to find the right balance between raising revenue and ensuring minimum efficiency and removing distortions in the economy, equitable distribution of tax burdens, and low administrative burden of tax compliance cost. Thereby, levying taxes is not an easy task, especially in the wake of Egyptian revolution, with the big financial deficits. So, government needs to benefit from the international experiences for tax reform, as we see in this study