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Egypt tax revenues up by 62% y-o-y in 1H 2017-18

Tax revenues brought in EGP 249 billion in 1H 2017-18

Ahram Online , Monday 22 Jan 2018
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The figure includes income tax revenues which increased by 41% year-on-year to EGP 103 billion, and value-added tax revenues which were recorded at EGP 121 billion -- an 83% year-on-year increase.
 
Real estate tax proceeds grew by 70% year-on-year to EGP 1.6 billion in H1 2017-18.
 
Customs revenues also increased by 44% year-on-year to EGP 15 billion in the same period.
 
Egypt's tax revenues for Q1 2017/18 rose by 55% y-o-y to EGP 88.6 billion, the country's finance ministry had announced in October.
 
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