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Egyptian court sentences Mohamed Ali to three years on tax evasion charges
A court has sentenced army contractor-turned-political dissident Mohamed Ali to three years in prison on charges of tax evasion, and…
FinMin to exempt 74 pharma materials from VAT
LEGISLATION WATCH- FinMin mulls VAT exemptions for 74 raw materials used by med makers: The Finance Ministry decided at the…
MPs want to raise taxes on anyone earning more than EGP 1 mn a year
LEGISLATION WATCH- MPs want to raise taxes on anyone earning more than EGP 1 mn a year: A draft law…
Manufacturers to directly remit VAT to FinMin for their purchases of scrap metal
Steel and iron, aluminum, and copper manufacturers will be remitting value-added tax for their purchases of scrap as raw materials…
STC might be required to submit a mandatory offer for 100% of Vodafone Egypt
M&A WATCH- STC could be required to submit a mandatory offer for 100% of Vodafone: Saudi Telecom Company (STC) is…
Tax Authority considers widening VAT exemptions
LEGISLATION WATCH- Tax Authority considers expanding VAT exemptions: The Tax Authority is considering expanding the list of items that qualify…
Legislative amendments to widen VAT tax base eightfold -Maait
EXCLUSIVE- VAT Act amendments to widen tax base eightfold- Maait: In-the-works amendments to the VAT Act will aim to increase…
Unified tax system to be fully operational this year -Maait
Egypt’s new unified digital tax payment system is set to be fully implemented by the end of the year, Finance…
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