VAT is essential for state revenues
90% of food commodities are VAT-exempted, according to Finance Ministry
VAT draft law to be sent to parliament within days: Finance Minister
The goal is a simplified tax system for small businesses without additional…
Egyptian government bets on alcohol, cigarette tax to fill budget deficit
Goods and services tax constitutes 46.5% of total tax revenues
Banking services exempted from VAT, banks call for further clarification
Previous disputes between banks and the Egyptian Tax Authority on the definition…
World Bank loan contingent on parliament’s approval of VAT: ministry source
Lack of funding and experience are main obstacles for SMEs, says minster…
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…
As dialogue for VAT continues, details remain vague
Finance Ministry refuses to disclose tax price, bases its refusal on fear…
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…
Egyptian economy improving amid challenges: Moody’s
Although government financing needs remain large, Moody’s expects economic reform will help…
Taxes on commercial, industrial activities to significantly increase under VAT
Tax will rise from EGP 54,000 to EGP 500,000 for industrial activities,…