Tag: taxes

Ministry of Finances announces tax revenue for first third of FY 2015/2016

EGP 18bn increase in revenue compared to 2014/2015 FY attributed to reforms…

Daily News Egypt Daily News Egypt

VAT to raise taxes on cars with capacities less than 1,000 litres: ETA

Services and spare parts sectors to be subjected to the general tax…

Mohamed Ahmed Mohamed Ahmed

Individuals pay for government’s ambition through taxes

Around 25% of budget revenues are from sales taxes, indirectly obtained from…

Doaa Farid Doaa Farid

34.5% increase in public revenues during July, August: Ministry of Finance

Spending on public investment amounted to EGP 3.3bn, with an increase rate…

Shaimaa Al-Aees Shaimaa Al-Aees

Tax increase of flight tickets to bring in EGP 600m: Tax Authority head

Current taxes collected from flight tickets amount to EGP 270m

Sara Aggour Sara Aggour

SMEs: Egypt’s broken backbone?

Banks are keen to loan to SMEs; now however is not the…

Menna Samir Menna Samir

EGX loses 19.5% after government announced capital gains taxes postponement

Continued tax deductions from foreigners, international and local crises stopped benefits from…

Daily News Egypt Daily News Egypt

Taxes on commercial, industrial activities to significantly increase under VAT

Tax will rise from EGP 54,000 to EGP 500,000 for industrial activities,…

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World Bank, IMF launch initiative to strengthen tax system in developing countries

Initiative aims to deepen dialogue with developing countries and develop diagnostic tools…

Daily News Egypt Daily News Egypt

EGPC, Suez Canal, CBE have EGP 35bn tax arrears: Tax Authority Head

Matar says amount to be collected within current fiscal year

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