Egypt’s film, television, theater, and music industries will be charging VAT: The Tax Authority signed an MoU with Egypt’s various artists’ unions outlining how creative industries will be charging and paying the value-added tax (VAT), according to Vice Finance Minister Amr El Monayer, Al Shorouk reports. Under the agreement, music, television, film, theatre, and documentary producers will be required to charge 5% VAT on their services, while consultants and artists will have to charge 10%.

Tags: