sales tax

Sisi ratifies law replacing sales tax with VAT
Business

Sisi ratifies law replacing sales tax with VAT

President Abdel Fattah al-Sisi has ratified the new law on Value Added Tax (VAT), according to a report in The…
LE80.3 billion in tax revenues collected in 6 months: tax authority
Business

LE80.3 billion in tax revenues collected in 6 months: tax authority

The Egyptian Tax Authority has collected LE80.3 billion in six months since the beginning of the second half of the…
Mobile phone sales tax to rise 5%
Business

Mobile phone sales tax to rise 5%

The sales tax on mobile phone use is set to jump to 20 percent up from 15 percent, according to…
Cabinet ‘surprised’ over decision to postpone sales tax increases
Egypt

Cabinet ‘surprised’ over decision to postpone sales tax increases

The Cabinet was not informed of President Mohamed Morsy’s decision to postpone a law on increasing commodity’ prices, and wasn’t…
Finance Ministry to tax used cars sales
Business

Finance Ministry to tax used cars sales

A decision by Finance Minister Youssef Boutros-Ghali to impose a 10-percent profit tax on used automobile sales has drawn varying…
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