BREAKING: Egypt’s parliament approves VAT at 13% rate in 2016/17
Egyptian parliament approved Sunday the long-delayed value added tax (VAT) at a rate of 13 percent but it will rise…
Browsing Tag
value-added tax
VAT to reduce Egypt budget deficit by 1%: deputy FinMin
Applying the value-added tax (VAT) will contribute to lower Egypt’s current budget deficit by 1 percent, said…
Egypt’s VAT bill to be finalised Sunday, MPs sticking to 12% rate
Egypt's long-awaited value added tax (VAT) bill will be finalised Sunday to be put up for general parliamentary…
Egypt likely to receive 1st tranche of IMF loan in 4-6 weeks
Egypt expects to receive the first $4 billion instalment of a $12 billion three-year IMF loan within four and 6…
VAT bill to include some ICT services: Egypt minister
Egypt’s anticipated value-added tax bill will include communications and information technology services, said Amr…
Egypt’s tax revenues rose 15% in FY2015-16: authority
Egypt’s tax authority announced Friday a y-o-y 15 percent increase equivalent to 28 billion Egyptian pounds ($3.15…
World Bank’s 1st tranche of $3bn awaits parliament’s VAT act approval
The World Bank will provide the first $1 billion tranche of a $3 billion soft loan to Egypt after the parliament…
Egypt Cabinet finally approves long-awaited VAT bill
Egypt's Cabinet approved "in principle" a long-awaited value added tax (VAT) bill and will refer it to the Council…
World Bank’s Egypt loan rests on VAT act approval
World Bank will transfer a loan to Egypt when the country’s parliament approve the new value-added tax act, namely…
JP Morgan sees devaluation of Egyptian Pound by 35% in 2016
US-based financial services firm, JP Morgan forecasts that the Egyptian pound will be devalued by 35 percent in…
