Tag: Value Added Tax

VAT: the lifeline to escape from budget deficit

90% of food commodities are exempt from VAT, says Finance Minister

Shaimaa Al-Aees Shaimaa Al-Aees

Parliament demands submission of general sales tax law data to compare with VAT draft law

Detailed statement on the goods and services subject to the present law

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

VAT is essential for state revenues

90% of food commodities are VAT-exempted, according to Finance Ministry

Daily News Egypt Daily News Egypt

VAT draft law to be sent to parliament within days: Finance Minister

The goal is a simplified tax system for small businesses without additional

Mohamed Ayyad Mohamed Ayyad

Egyptian government bets on alcohol, cigarette tax to fill budget deficit

Goods and services tax constitutes 46.5% of total tax revenues

Shaimaa Al-Aees Shaimaa Al-Aees

Banking services exempted from VAT, banks call for further clarification

Previous disputes between banks and the Egyptian Tax Authority on the definition

Hossam Mounir Hossam Mounir

World Bank loan contingent on parliament’s approval of VAT: ministry source

Lack of funding and experience are main obstacles for SMEs, says minster

Fatma Ahmed Fatma Ahmed

Implementation of VAT to generate EGP 35bn in FY 2016/2017: Ministry of Finance official

Parliament is yet to discuss and vote on the implementation of the

Sara Aggour Sara Aggour

As dialogue for VAT continues, details remain vague

Finance Ministry refuses to disclose tax price, bases its refusal on fear

Sara Aggour Sara Aggour

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