Tag: VAT

IMF deal would be credit positive for Egypt: Fitch Ratings

Government is explaining the importance of the loan to parliament, not concerned…

Shaimaa Al-Aees Shaimaa Al-Aees

Inflation rate likely to rise next year: experts

Egypt’s core inflation rate climbed to its highest level in seven years…

Hisham Salah Hisham Salah

Private sector demands government to reconsider VAT draft law

Ministry of Finance is targeting to collect EGP 31bn through imposing the…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

Car prices on the rise by 2-7% alongside application of VAT

AMIC chairperson demands that the government issue the executive regulations of the…

Ahmed Amer Ahmed Amer

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