A number of Egyptian tour operators look like they want to get websites like Expedia and SkyScanner to pay Egyptian taxes. Members of the Tourism Chambers of Commerce tell Al Shorouk that they’ve lodged a complaint to the Competition Protection Authority against foreign online booking companies, saying they have an unfair competitive advantage since they are not subject to the 14% value-added tax and other costs incurred by their local counterparts, whose market share has declined as a result. There are no words.
More from Enterprise
AI in Egyptian banking is “in its infancy,” and the pause is deliberate
Bankers say the rules aren’t written yet. Data center builders…
Banks threaten to look beyond London as windfall tax talk grows
International lenders say more tax could tip the balance as…
EFG has three more IPOs lined up before year-end, including one hefty offering
Group CEO Karim Awad credits the central bank’s decision to…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…