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" Value Added Tax"

46 results

Business - Economy
11/27/2023 6:39:26 PM
Egypt doesn’t collect the value-added tax (VAT) in foreign currency on imports but on goods and services that are typically paid for in foreign currency, said Minister of Finance Mohamed Maait on Monday, according to a Cabinet statement.

Business - Economy
8/6/2023 11:00:27 PM
Travelers to Egypt have brought around 600 kilograms of gold from abroad under a national decree exempting gold from customs duties and other fees except for value-added tax (VAT), an advisor to the Ministry of Supply and Internal Trade has said.

Al-Ahram Weekly - Egypt
7/21/2023 12:29:00 PM
No new taxes are planned on crisps and other snacks in Egypt, one of the economy’s major success stories.

Business - Economy
5/18/2023 3:40:48 PM
Egypt has amended the Value Added Tax (VAT) Law to facilitate procedures for waiving VAT taxes on machines and equipment imported for production, according to a statement by the Ministry of Finance on Thursday.

Business - Economy
5/11/2023 12:01:44 AM
The Egyptian government approved a draft decree during its weekly meeting on Wednesday exempting travellers who bring gold from customs duties and other fees -- except value-added tax (VAT) -- for a period of six months.

Business - Economy
12/27/2022 5:53:00 PM
The Spanish government on Tuesday announced a new package of measures worth some 10 billion euros ($10.6 billion) to alleviate the cost of living, including axing the value-added tax on basic foodstuffs.

COP27 - Sharm El-Sheikh
11/7/2022 2:01:21 PM
The Ministry of Finance and the Egyptian Tax Authority (ETA) will refund non-resident visitors for Value Added Tax (VAT) on their purchases, in conjunction with the 2022 UN Climate Change Conference (COP27) being held in the Red Sea city of Sharm El-Sheikh 6-18 November.

Business - Economy
10/12/2022 11:07:29 PM
The Egyptian Cabinet approved on Wednesday a draft law allowing Egyptians living abroad or their families to have one personal-use vehicle shipped to Egypt without paying customs duties or taxes, including the value-added tax (VAT).

COP27 - Climate change
10/5/2022 4:57:42 PM
Minister of Finance Mohamed Maait has tasked a high-level ministerial committee to simplify all procedures of customs release and Value Added Tax (VAT) refund for the thousands of guests of the UN Climate Change Conference (COP27, which will be hosted by Egypt in the Red Sea city of Sharm El-Sheikh 6-18 November.

Business - Economy
1/31/2022 3:43:34 PM
Egypt’s Minister of Finance Mohamed Maait stated on Monday that Law 3/2022, which includes amendments to the value-added tax (VAT) and stamp duty laws, introduces new incentives that target stimulating Egypt’s economy, supporting manufacturing sector, and alleviating financial burdens on citizens amid the coronavirus crisis.

Al-Ahram Weekly - Economy
1/9/2022 12:42:00 PM
The Egyptian Tax Authority is combating tax evasion and integrating the informal sector into the formal economy in a bid to increase tax revenues.

Al-Ahram Weekly - Economy
12/14/2021 9:48:03 PM
After approving amendments to the value-added tax, the House of Representatives postponed discussions on hikes of other duties and development fees.

Business - Economy
12/13/2021 7:42:55 PM
Egypt’s government has submitted a package of amendments to the value-added tax (VAT) law that would exempt the Suez Canal Authority’s services from the VAT, including passage fees.

Business - Economy
10/31/2021 4:35:14 PM
Egypt’s Ministry of Finance will create an electronic system in the country’s sea, land and air ports with the aim of facilitating the procedures of refunding the value added tax (VAT) to foreign visitors or tourists in Egypt.

Al-Ahram Weekly - Egypt
6/15/2021 9:41:51 PM
Egypt is applying 14 per cent VAT on the delivery services of online companies in tandem with the G7’s plan to endorse a 15 per cent global corporation tax, reports Nahla Abul-Ezz

Business - Economy
4/27/2021 5:29:37 PM
The first phase of the country’s reform program included the floatation of the Egyptian pound, lifting nearly all fuel subsidies, implementing a value-added tax, and raising the prices of electricity and transport

Business - Economy
2/1/2021 5:07:35 PM
Egypt’s income tax revenues increased to exceed 250 percent between FY 2014/2015 and FY2019/2020, while value-added tax revenues jumped by 200 percent during the same period

Opinion -
11/19/2019 9:55:35 PM
The present low inflation rates show that Egypt is reaping the benefits of the government’s economic reforms, writes Azza Radwan Sedky

Business - Economy
8/25/2019 3:59:31 PM

Business - Economy
2/18/2019 2:00:55 PM

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