Tag: VAT

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

Egypt discusses tax reforms in IMF-World Bank meetings

Egyptian delegation agreed with IMF officials to cooperate in studying methods to…

Doaa Farid

Implementation of VAT to generate EGP 35bn in FY 2016/2017: Ministry of Finance official

Parliament is yet to discuss and vote on the implementation of the…

Sara Aggour

Cloaks and dollars: World Bank’s $1bn, VAT, and misalignment within government

An attempt to provide an account of the brief history of the…

Doaa Farid