Tag: VAT

CBE expected to increase interest rate by 1% on Thursday

High inflation, application of VAT would raise Egyptian pound’s interest rate by…

Hossam Mounir

VAT implemented starting Friday: Finance Ministry

A three-month transition period will be applied to allow companies to adapt…

Daily News Egypt

Application of VAT will be both positive and negative: Moody’s

Moody’s most recent report on Egypt says that the government will most…

Adel M. Fakhry

Political parties, NGOs reject parliament’s approval of VAT

The value-added tax was approved by parliament in late August, and was…

Daily News Egypt

Al-Sisi meets Ismail, Social Solidarity Minister to discuss struggles of low-income citizens

Meeting was held 2 days after parliament approves VAT, which will add…

Daily News Egypt

Approval of the VAT is a historic achievement: IMF

Change in national tax code will affect all portions of society, unless…

Nicholas Mehling

VAT revenues to register EGP 18bn, exempting 57 services and goods

Parliament voted on the value-added tax (VAT) draft law for the second…

Abdel Razek Al-Shuwekhi

MPs refrain from voting on VAT bill, likely to be referred to Disciplinary Committee

MPs demanded that the electronic voting system be used to reveal each…

Toqa Ezzidin

VAT, depreciation of Egyptian pound could increase real estate prices by 15%-20%

Real Estate Investment Division demands reducing VAT rate on construction contracts from…

Shaimaa Al-Aees