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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…
Investors call on the government to scrap real estate tax on factories
Investors call for an end to real estate tax on factories: The Investors Union has petitioned the government to abolish…
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