Egypt’s finance minister pledges no tax increases; income tax reduced
The Egyptian government is not targeting a tax increase in the coming period as the country is moving towards…
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Tax
FinMin seeks to pass a new bill to cancel tax exemptions on returns from treasury bonds
The state treasury expects to net as much as 34 billion Egyptian pounds in additional income from a bill approved…
Egypt’s parliament Oks suspending tax on agricultural land for 2yrs
Egypt’s parliament approved on Monday a legislative amendment suspending the tax on agricultural land for two more…
Egypt puts updating tax management system first: min.
State's political leadership attaches great importance to upgrading the tax management system, digitizing it along…
Egypt’s PM forms committee for coastal land-use tax in North Coast
Egypt's Local Development Ministry said on Wednesday Prime Minister Moustafa Madbouly has ordered the formation of…
Egypt drafting new law to impose tax on social media ads, online services
Egypt’s Minister of Finance is close to finalising a draft law which will impose a tax on social media…
Google, Facebook, Amazon to testify Monday in U.S. against French digital tax
Google unit Alphabet, Facebook, and Amazon are among the companies that will testify next Monday at a U.S.…
Global Telecom’s key shareholder strikes deal with Egypt to settle tax dispute
VEON Ltd, the major shareholder of Cairo-listed Global Telecom Holding, has signed on Wednesday a deal with the…
Oman to introduce 100% tax on tobacco, alcohol by next week
Oman will start imposing 100 percent tax on tobacco, alcohol and pork meat from June 15, as the sultanate follows…
Egypt imposes 18% tax on social media ads
The Egyptian government has started collecting 18 percent on the value of advertising services on social media…
