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…
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Tax
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…
Egypt has no plans to impose tax on social media ads – Ministry of Finance
Egypt's Ministry of Finance said on Sunday that it will not impose any tax on social media advertisements.
Banque du Caire profit after tax jumps 200% in 2018
Egyptian state-run lender Banque du Caire said on Thursday its after-tax profit in 2018 rose 200 percent to around…
House gives IRS until April 23 to hand over U.S. Trump’s tax
House Democrats have given the Internal Revenue Service (IRS) a new deadline to hand over U.S. President Donald…
EU tells small businesses to brace for tax burdens in event of no-deal Brexit
The European Union on Monday told small businesses to prepare for more bureaucracy and costs should Britain crash…