Value-Added Tax

Egypt finishes amendments of value-added tax law draft

Mon, 15 Jun 2020 - 05:22 GMT

Minister of Finance Mohamed Ma’it affirmed in a statement Monday, June 15 that there is no prejudice to the tax rate in the draft amendment of the value added law.

Facebook to add 18% tax for Egyptian Ads without VAT ID

Mon, 13 May 2019 - 09:07 GMT

Facebook administration announced charging Egyptian-based advertisers on the platform 18 percent on the value of advertising services in case they do not provide valid Egyptian value-added tax (VAT) identification number, Think Marketing Magazine reported

Finance ministry raises internet prices 14% on VAT application

Mon, 24 Jul 2017 - 04:02 GMT

The Ministry of Finance applied the value-added tax (VAT) on the prices of internet ADSL services by 14 percent starting from July 2017.

Inflation to continue dwindling: Mubasher International

Sun, 11 Jun 2017 - 07:00 GMT

Egypt’s annual inflation is forecasted to continue decreasing moderately over the coming months, a research note of Mubasher International said Sunday

Tax revenues register 291B EGP, first 10 months of FY2016/17

Mon, 08 May 2017 - 09:38 GMT

Tax revenues recorded 291.13 billion EGP during the first ten months of the current fiscal year (FY) 2016/17