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EM PMIs best developed economies for first time since 2013
Emerging markets have pulled ahead of advanced economies for the first time since 2013 on the latest purchasing managers’ indices…
Egypt’s Tax Authority agrees to EGP 2 bn settlement in Global Telecom dispute
EXCLUSIVE- Global Telecom could pay EGP 2 bn to end tax dispute: The Tax Authority is nearing an agreement with…
Executive regs for new tax treatment of banks, corporations out in Official Gazette
LEGISLATION WATCH- Banks now know how they’ll calculate the cost of investment in treasuries under changes to the tax code:…
Egypt pushes for better business environment
On the government’s mind today: Improving Egypt’s business environment. President Abdel Fattah El Sisi urged his government to make the…
Tax Authority to exempt exporters from cargo services VAT
EXCLUSIVE- Tax Authority exempts exporters from paying VAT on shipping services: The Tax Authority has issued a decree that will…
FinMin, Trade Ministry expand Egypt’s automotive incentives strategy to cover all industries
EXCLUSIVE- FinMin, Trade Ministry looking to expand automotive industry-style incentive strategy to other sectors: The finance, trade and industry ministers…
Government to collect VAT from download sites
EXCLUSIVE- Government to required download sites to charge and remit VAT: The Finance Ministry’s central value-added tax department is currently…
FinMin studies setting a ceiling on Egypt’s healthcare tithe next year
EXCLUSIVE- FinMin studies setting a ceiling on healthcare tithe next year: The Finance Ministry is studying a proposal that would…
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