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New VAT rules could ease pressure on contractors
The Finance Ministry formed a committee to look into amending the tax laws around supply and installation services
FinMin to issue amendments to the VAT Law
The measure comes as part of our reform program with the IMF
New tax incentives seek to ease burdens for taxpayers, resolve disputes, and incorporate more taxpayers into the system
Plus — what we’ve heard on the batch of incentives expected next week
Charge in FX, pay VAT in FX. No exceptions.
The ministry introduced new rules last month requiring businesses pricing goods and services in hard currency to settle VAT in…
THIS EVENING: Businesses with FX-priced business must settle their VAT only in FX + Inflation eases again in November
Good afternoon, friends and welcome to another workweek. As polls open for the first day in the presidential elections, the…
On the new VAT law, Hazem Omar’s presidential promises, and Gaza
No single story caught the attention of last night’s talking heads, who brought us coverage of the recent VAT changes,…
Importers don’t need to settle VAT in FX, says FinMin
Good morning, folks: The domestic news cycle has slowed to a crawl as we reach the final hump day of…
Get paid in FX? Pay VAT in FX
Sellers could choose to pay their VAT dues in EGP if they exchanged an equivalent amount or more of FX…
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