Egypt’s tax authority stretches window to file February VAT returns to 10 May

The Tax Authority has pushed the 60-day window for businesses to file February VAT returns until 10 May, according to Masrawy. The postponement only applies to the tax filings as businesses are still required to remit VAT by today, Tax Authority Chairman Reda Abdel Kader said. Finance Ministry sources had told us as much earlier this month.That said, companies have recently been allowed to claim 65% of their VAT drawbacks before an assessment is made to fast-track refunds.