Amazon, eBay are not doing enough to combat VAT fraud: UK lawmakers say
A UK parliamentary report has criticised Amazon and eBay for not doing enough to combat tax fraud on their online…
Browsing Tag
value-added tax
Tourism sector halts applying VAT for a year
The tourism sector has obtained a verbal approval from the Ministry of Finance to postpone subjecting it to the…
Cairo Chamber, Tax Authority to hold forum on VAT on Oct. 16
Cairo Chamber of Commerce (CCC) is scheduled to hold a forum to discuss Value-added Tax (VAT) law and its effect on…
VAT to raise food commodities’ prices by 15%: Cairo Chamber
Food commodities' prices are expected to jump by 15 percent within the coming period following the application of…
Lawyers Syndicate protests against Egypt’s VAT
The Lawyers Syndicate arranged a protest on Saturday in front of the Supreme Judicial Council in rejection to the…
Egypt steel producers increase prices by 5% on newly-adopted VAT
Egyptian steel producers have raised steel prices for the local market by 5 percent just after the government had…
Egypt receives first $1 billion tranche of World Bank loan
Egypt announced on Friday that it had received the first $1 billion tranche of a $3 billion three-year loan from…
Moody’s: Egypt’s long-awaited approval of VAT “credit positive”
Moody's Investor Services has commended Egyptian parliament’s approval for the long-delayed value-added tax (VAT).…
Excluding 57 services and goods, VAT revenues to record EGP 18bn
Parliament voted on the value-added tax (VAT) draft law for the second day in a row on Monday. Yasser Omar, head of…
VAT, Egypt pound depreciation could raise real estate prices by 15-20%
The value-added tax (VAT) has given rise to a heated debate between different sectors, but the debate between…
