Fitch affirms Egypt’s ‘B’ rating, Dimian responds that economy is ‘resilient’
Introduction of VAT has been delayed, according to agency
Amer informs Ministry of Finance of banks’ rejection of VAT
A high-level meeting was held between Ministry of Finance and CBE to…
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…
Government did not yet determine VAT rate, execution depends on political leadership: Head of ETA
The burden on citizens will not increase after tax application
Tax increase of flight tickets to bring in EGP 600m: Tax Authority head
Current taxes collected from flight tickets amount to EGP 270m
Mid-term deficit revision expected during Q1 of FY 2016/2017: Dimian
Average spending of top 10% tranche to increase by 5.3%, while lowest…
Taxes on commercial, industrial activities to significantly increase under VAT
Tax will rise from EGP 54,000 to EGP 500,000 for industrial activities,…
Standard & Poor’s positive outlook on Egypt reflects well on investment: Economist
Agency raised Egypt's economic outlook from stable to positive, affirming long- and…
VAT law will raise inflation indicators, reduce purchasing power of consumers: Dcode Chairman
Only 20% of consumers are aware that there is an impending increase…
