Tag: VAT

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

VAT: the lifeline to escape from budget deficit

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

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

VAT is essential for state revenues

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

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

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

Banking services exempted from VAT, banks call for further clarification

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

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

Expected regulations to resolve tax disputes

Government’s FY 2016/2017 budget draft estimates tax revenue of EGP 35bn from…

Daily News Egypt

Tax Authority collects EGP 200bn since last July, head says

Revenues from taxes are expected to record EGP 422bn in FY 2016\2017,…

Daily News Egypt