Latest in Tag: tax Highlight
Latest in Tag: tax
Parliament asks for three-month report on tax disputes
Tax disputes referred to judiciary are about 150,000, including appeals against income, sales taxation, VAT, stamp duties
Social media experts demand low tax rate on social media ads to avoid affecting market
Without Facebook, Google, different social media platforms’ cooperation, there is no mechanism or methodology to determine costs of such ads, says expert
Minister of finance agrees to drop EGP 2.1m income tax owed by 150 clients
Minister of Finance Amr El-Garhy approved the decisions of the Egyptian Tax Authority’s higher committee for tax remission to drop 150 financiers’ dues of EGP 2.117m, according to a statement from the Ministry of Finance on Wednesday. The minister said that these decisions come in order to ease the burden of financiers and establish bridges …
Tax revenues reached 100% of target from start of FY through April: ETA head
Some artists who receive millions of pounds do not pay all taxes
Trump’s tax cuts have little impact on hiring in the US
Tax experts encourage corporations to e-file
Market awaits president’s signature on law adjustment, says Hossam Nasr
NBE extends working hours to 5 pm at 65 branches to provide electronic tax payment services
The National Bank of Egypt (NBE) decided to extend its working hours at 65 of its branches until 5:00 pm to provide electronic tax payment services in the periods between 25 and 29 March 2018 and from 22 to 30 April, according to Yehia Aboul Fotouh, chairperson of the bank. Aboul Fotouh explained that this …
Israel backtracks on plans to tax churches in Jerusalem
Israel has suspended a plan to tax church properties in Jerusalem following a backlash. In response, Christian leaders have reopened the Church of the Holy Sepulchre after closing it due to the controversial measures. The Israeli government said on Tuesday it would suspend a controversial tax and expropriation bill that Christian leaders in Jerusalem had …
Taxpayers can now submit tax declarations on ETA website
Legislative amendment referred to parliament to allow submission of tables, clarifications of tax declarations 60 days after the end of the submission season
Activation of online tax declaration service starts this week
Online inquiry available for results of form 41 of tax collection system
Finance Ministry prepares to replace stamp duties with capital gains tax on stock market transactions
Plan to automate all taxation operations within 3 years, terminating paperwork
Parliament tentatively agrees to renew tax dispute settlements law for 2 years
Planning and budget committee proposed 1 year, plenary session took government’s draft
Tax on mobile lines to be implemented next FY
Selling lines in operator outlets only starting from next March: NTRA
Advertising Area
Real estate tax revenues mark 56.7% deficit from target in FY 2015/2016
Parliament’s Planning and Budget Committee meets RTA mid-December
Government moves to subject sale, purchase of property to tax
Real Estate transactions at EGP 7.8bn in 9 months without tax, according to the ETA
Finance Ministry extends real estate tax payment period to end of month
The decision aims to facilitate payment for tax payers and to collect the public treasury’s dues
Finance Ministry plans to expand tax segments on cigarettes to more than EGP 30
A trend to impose EGP 1.125 on luxurious and medium cigarettes
JTI asks to expand tax segments, instead of overall increase
Bulk of production inputs are imported from abroad: Ismail
Increase in stamp and tax collections in next budget: government source
Recent increases reduce the budget deficit and contribute to the control of debt, but increase pressure on citizens, Hani Tawfek
Corporate tax avoidance gets harder
Egypt’s tax receipts increase by 40% in 2017: head of Tax Authority
Egyptian tax receipts witnessed an increase of 40% this year as compared to last year, said Emad Samy, head of the Tax Authority, in his speech at the headquarters of the American Chamber of Commerce in Egypt. He added that the current tax disputes law would be ineffectual by 7 September, though the taxpayer who would …
Germany expects significantly higher tax revenues
Trump to unveil biggest US corporate tax cut of all time
Germany’s Schäuble promises ‘moderate’ tax cuts
Ministry of Finance resolved 450 tax disputes worth EGP 1.5bn
Forming committees to resolve disputes at the headquarters of FEI, FEDCOC, and Federation of Egyptian Banks
Germany to take legal action if Trump taxes imports
Finance Ministry presents tax reform plan of 2017
We are working to add amendments to the tax law to postpone capital gains and approve investment incentives in tax law: El-Mounir
Tax cuts, more spending to boost India recovery after cash crisis
Programme to challenge tax evasion on a global level under establishment: deputy minister of finance
The programme includes measures to combat base erosion and profit shifting, based on four main measures that can challenge exploitation of tax agreements, monitor developing international tax work rules, and ensure a more transparent environment
Hilton, Movenpick, IDBE, October for Real Estate Development submit requests to end tax disputes
Government sources said that the Ministry of Finance is preparing to hold the first session of the Supreme Committee for Resolving Tax Disputes