News Google to impose 14% VAT on services in Egypt starting from July Nada Ali Jun 6, 2023 0 Google will add 14 percent value-added tax (VAT) to its services in Egypt starting from 1 July, the announcement…
News UAE says has no plans to follow Saudi in VAT triple rise Amwal Al Ghad English May 12, 2020 0 The UAE is not currently planning to raise its value-added tax (VAT) rate of 5 percent, the finance ministry said…
News Saudi Arabia triples VAT rate in austerity push to counter oil slump, coronavirus Amwal Al Ghad English May 11, 2020 0 Saudi Arabia will triple value added tax and suspend a cost of living allowance for state workers, it said on…
Money Egypt launches VAT-avoidance campaign for North Coast resorts Amwal Al Ghad English Sep 1, 2019 0 The Egyptian Tax Authority (ETA) has launched a massive campaign targeting North Coast resorts that have been…
Money Egypt says tax revenues up 16.6% in FY19, to amend VAT law Mohamed Elmalky Jul 29, 2019 0 Egypt’s government collected 660 billion Egyptian pounds ($39.83 billion) in taxes in the 2018/2019 financial year,…
MENA News Saudi king orders new allowances to counterbalance rising cost of living aya salah Jan 6, 2018 0 Saudi Arabia’s King Salman on Saturday ordered a monthly payment of 1,000 riyals ($267) to state employees over…
Tech news Amazon, eBay are not doing enough to combat VAT fraud: UK lawmakers say Yomna Yasser Oct 18, 2017 0 A UK parliamentary report has criticised Amazon and eBay for not doing enough to combat tax fraud on their online…
Banks World Bank forecasts 5.3% growth for Egypt in FY2018/19 Yomna Yasser Apr 18, 2017 0 The World Bank Group said Monday it forecast Egypt’s economy to grow by 4.6 percent in the 2017-18 financial year…
Egypt News Tourism sector halts applying VAT for a year Noha Gad Jan 5, 2017 0 The tourism sector has obtained a verbal approval from the Ministry of Finance to postpone subjecting it to the…
Industry & Trade Cairo Chamber, Tax Authority to hold forum on VAT on Oct. 16 Noha Gad Oct 8, 2016 0 Cairo Chamber of Commerce (CCC) is scheduled to hold a forum to discuss Value-added Tax (VAT) law and its effect on…