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Global Telecom unable to pay EGP 5 bn in due taxes amid company losses
Global Telecom Holding (GTH)’s general assembly yesterday voted to continue operations despite losses that have surpassed 50% of shareholders’ total…
Egypt approaches consensus on tax incentive framework for medium-sized enterprises
EXCLUSIVE- Gov’t closing in on tax incentives to convince medium-sized enterprises to go legit: The finance and trade and industry…
Egypt mulls using coded stickers on imports to curb customs, tax evasion
EXCLUSIVE- Government mulls using coded stickers on all imports to curb customs, tax evasion: The government is considering using band…
Egypt agrees to set 0.25% healthcare tithe for tourism companies on commission earned
Gov’t agrees to set 0.25% healthcare tithe for tourism companies on commission earned: The government has agreed to calculate the…
FEI pushing for taxation on profit instead of revenue in Universal Healthcare Act
Business lobby proposes 1% surtax on net profit to fund healthcare system: The Federation of Egyptian Industries Tax and Customs…
Egypt to collect taxes under new banking treatment quarterly, not monthly
EXCLUSIVE- Gov’t to collect taxes from new banking tax treatment quarterly, not monthly? The government will likely collect taxes from…
Egypt parliament looking to make 0.25% healthcare tithe tax-deductible
LEGISLATION WATCH- House looking to make 0.25% healthcare tithe tax-deductible: The House of Representatives is set to discuss within the…
Egyptian Capital Markets Association requests cancellation of stamp tax
ECMA wants to scrap (or at least amend) the stamp tax: The Egyptian Capital Markets Association (ECMA) has submitted a…
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