Tax Authority

Egyptian tax authority releases new tax regs. for small businesses

Tue, 23 Jan 2024 - 05:11 GMT

The new tax system stated that establishments with a business turnover below LE 250,000 will be subject to an annual tax of LE 1,000

Egyptian Tax Authority, Industries Union unite for smooth tax-customs integration

Tue, 08 Aug 2023 - 09:30 GMT

These strides have not only streamlined processes for taxpayers but have also delivered substantial benefits across a range of industrial sectors.

Google will apply new 14% VAT on its services in Egypt on 1st of July

Sun, 04 Jun 2023 - 04:04 GMT

Google noted that it will charge the VAT on its “e-services unless we have your Egyptian Tax ID number”

Income Tax Law amended, increases annual income tax exemption to LE36,000

Tue, 30 May 2023 - 12:20 GMT

The income tax imposed on individuals earning more than LE 1.2 million annually is expected to generate around LE 4 billion, said Mohamed Maait, Finance Minister, in a separate statement

Egypt's Tax Authority announce facilities for owners of MSMEs

Sun, 03 Apr 2022 - 01:29 GMT

Abdel Kader pointed out that this comes within the framework of cooperation between the Ministry of Finance and the Authority with the MSMEDA to facilitate the owners of medium, small and micro enterprises to register at the tax authority.

1st field campaign launched to provide free technical support for tax payers

Sun, 20 Feb 2022 - 01:45 GMT

In a press release on Sunday, he added that this comes within the finance minister’s directives in which the campaign will start in Gharbiya governorate.

Egypt applies taxes on bloggers, youtubers with LE 500K revenues

Sun, 26 Sep 2021 - 12:44 GMT

Abdel Kader clarified that the Ministry of Finance is closely following the Tax Authority to list transactions that take place through electronic platforms, and determining who does them, to include informal economy of the official system, and to reclaim the rights of the state’s public treasury.

Finance min. appoints Reda Abdel Kader as head of tax authority

Fri, 20 Aug 2021 - 11:40 GMT

The authority said in a statement that the minister's decision came after a presidential decree no. 357/2021 on extending the service of Abdel Kader for one year as of July 30, 2021.

Tax authority sets March 31 as deadline for receiving real estate tax statement

Wed, 24 Mar 2021 - 11:37 GMT

Any house valued less than LE 2 million will be exempted from tax but its owner should present his statement before the end of this month.

Value added tax to be applied on advanced freight services

Thu, 16 Jul 2020 - 02:17 GMT

The protocol comes in implementation of the directives of the finance minister to guarantee tax justice in the application of the law regulating VAT, said Reda Abdel Kader, head of the Tax Authority.

Egyptian Tax Authority chief arrested for alleged bribery

Fri, 03 Jan 2020 - 10:31 GMT

The Administrative Control Authority on Friday ordered the arrest of Abdel Azim Hussein, chief of the Egyptian Tax Authority (ETA) for allegedly accepting bribes, state’s media reported.

Egypt’s tax revenues reach LE 55.9B in two months

Thu, 30 Nov 2017 - 09:37 GMT

Revenues from products and services tax amounted to LE 32.1 billion.

Cabinet extends tax disputes law for 2 years

Wed, 01 Nov 2017 - 02:26 GMT

The law aims to accelerate often lengthy tax disputes by resolving them through a committee of independent experts, instead of courts.

Government denies hikes in cigarette taxes

Thu, 05 Oct 2017 - 11:26 GMT

Tax Authority is not conducting any studies in that regard, keeping the current tax rate stable.

Government collects 100% of Q1 FY2017/18 taxes target

Thu, 05 Oct 2017 - 09:39 GMT

Tax revenues in FY2016/17 increased by 34.1 percent year-on-year to reach LE 659 billion.

Egypt tightens measures on manipulations of bills of sale

Tue, 05 Sep 2017 - 11:43 GMT

A number of 19 companies operating in the automotive market were referred to the tax evasion unit, CPA head said.

Charter flights tax elicits opposition

Fri, 04 Aug 2017 - 07:00 GMT

A new tax obliging travel agencies to pay a tax worth 20 percent of the amounts they received in support to operate charter flights faces opposition.

Tax discounts for each income bracket published

Sun, 23 Jul 2017 - 04:53 GMT

Citizens with annual income below LE 7,200 are exempted from taxes.

How to calculate salary tax after new exemption?

Tue, 04 Jul 2017 - 06:00 GMT

Egypt’s government approved new amendments to the Income Tax Law, under which the annual salaries of public employees will be divided into five tranches.