Value Added Taxes

Value-added tax bill includes several new exemptions related to vital sectors: Maait

Tue, 25 Jan 2022 - 02:09 GMT

In an open dialogue on the new budget draft with the commercial and industrial community, the minister said that if we cannot reduce the commercial and industrial profits tax, it will not be increased.

Egypt's Cabinet approves in principle VAT incentive scheme

Wed, 26 Aug 2020 - 02:43 GMT

This comes in light of what has been confirmed by international experiences and studies that the best solution is always to involve the citizen in reporting transactions.

Egypt, Japan sign a grant agreement worth LE 15.5M

Sun, 08 Jul 2018 - 01:15 GMT

Egypt and Japan signed Sunday a grant agreement to support the establishment of an electronic system for calculating value added tax (VAT).

Reasons behind CBE unexpected rate hike

Fri, 07 Jul 2017 - 06:08 GMT

The Monetary Policy Committee hiked the overnight deposit and lending rates in an attempt to tame a new inflation wave on the back of slashing energy subsidies.