This study aimed to examine the impact of the flotation of the Egyptian pound on tax revenues in Egypt, both before and after the flotation. The authors of this study hope to shed light on the significant effects of floating the Egyptian pound on Egyptian tax revenues and to determine whether this flotation. This period is considered important because it witnessed the beginning of several other significant events that affected Egyptian tax revenues. There has been little work on this issue, and no research we are aware of on the specific case of Egypt. However, the links between devaluations, trade balances, and tax revenues are complex and this paper aims to shed some light on them and provides some background on the devaluation and an overview of tax revenues in Egypt and gives a brief overview of the devaluation itself, explaining why it was done and summarizing evidence on its effects and outlines the main channels through which a devaluation can affect tax revenues, concentrating on the effects on revenues from trade taxes and the Value Added Tax. These are the two indirect taxes which together account for around two-thirds of total tax revenues in Egypt. Some view these results negatively, while others see them positively; and the real effects will appear in the near term and become clear in the long term, as the positive effects only manifest when Egyptian tax revenues develop in the long term.