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Tuesday, 26 March 2019

Uber Egypt to pay value added tax

MENA , Monday 18 Feb 2019
Uber
File Photo: Uber HQ (Photo: Reuters)
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Egypt's finance ministry will collect Value Added Tax (VAT) from Uber Egypt, the ride-sharing company, in accordance with Law No. 67/2016, said Finance Minister Mohamed Maait on Monday.

In a statement, Maait said the ministry is working hard to settle any tax or customs conflict to push forward national economy.

A meeting was held lately between head of the Tax Authority and country director of Uber in which they agreed to collect the VAT from Uber Egypt but in a facilitated way. 

Head of the Tax Authority Abdel Azim Hussein said the agreement with Uber and the other companies operating in the same domain aims at enhancing confidence between the authority and the tax community.

He said the authority will focus within the coming period on settling all tax conflicts and collecting delayed taxes.

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