Suez Canal tax take hit EGP 55.6bn in Jul-Dec, as Egypt’s tax revenues jumped 32% to EGP 1.204tn.
Businesses have the opportunity to settle their VAT payments in EGP if they are able to provide proof that the EGP given to the tax collector is equal to or above the value of the VAT within a month of the sale
Egypt takes a significant step towards tax reform by implementing VAT on electronic services, ensuring fairness and revenue generation.
The Ministry of Finance revealed regulatory amendments to the VAT Law in March, requiring non-resident service providers to begin charging VAT for services rendered
Minister of Finance, Mohamed Maait, emphasized the government's commitment to promoting domestic production, attracting investors, and more
