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EGPC to absorb new natural gas tax as the government targets EGP 40 bn in revenue
EGPC will be responsible for remitting the new EGP 20 / mcf schedule tax on natural gas under a mechanism…
Cairo office rents jump 20% as demand outpaces supply of Grade A space
Companies continue to prioritize modern office developments despite higher costs
Gov’t moves to scale back its planned 14% VAT on leased office space
Officials are working to narrow the scope of the planned 14% VAT on leased administrative space, but NAC buildings and…
Finance Ministry rolls out tax workaround for contractor contracts inked before VAT shake-up
The move follows VAT amendments ratified in July that subjected all new construction and contracting contracts to the standard 14%…
FinMin in talks with construction players over new VAT rules, but challenges remain
The discussions saw players highlight a number of hurdles
FinMin in talks with contractors to implement VAT amendments
Good afternoon, friends, and happy almost weekend. It’s a busy afternoon in the global press, with Trump’s trade war on…
El Sisi ratifies VAT Law amendments + Eastern Company hikes cigarette prices
PLUS- Egypt engaged with key players in nuclear talks
Real estate prices expected to fall after construction tax amendment
The new VAT rules could lower costs for contractors, but put pressure on SMEs
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