{"id":598100,"date":"2019-05-14T03:31:39","date_gmt":"2019-05-14T03:31:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/14\/facebook-to-charge-18-vat-on-egypt-based-advertisers-not-registered-for-vat\/"},"modified":"2019-05-14T03:31:39","modified_gmt":"2019-05-14T03:31:39","slug":"facebook-to-charge-18-vat-on-egypt-based-advertisers-not-registered-for-vat","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/14\/facebook-to-charge-18-vat-on-egypt-based-advertisers-not-registered-for-vat\/","title":{"rendered":"Facebook to charge 18% VAT on Egypt-based advertisers not registered for VAT"},"content":{"rendered":"<p><a id=\"tldr-story-07\" class=\"content-anchor\"><\/a> Facebook has announced that Egypt-based advertisers without a valid VAT identification number will be charged an increased 18% rate of VAT, <a href=\"https:\/\/thinkmarketingmagazine.com\/facebook-to-add-18-vat-levy-for-egyptian-ads-without-id\/\">Think Marketing<\/a> reports. VAT, which was introduced in Egypt in FY2016-17, is currently at 14%. The Finance Ministry is <a href=\"https:\/\/enterprise.press\/stories\/2019\/04\/03\/finmin-looks-to-tax-the-living-daylights-out-of-social-media-ads-e-commerce-players\/\">working to issue a law<\/a> on taxing e-commerce, including imposing taxes on social media ads.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Facebook has announced that Egypt-based advertisers without a valid VAT identification number will be charged an increased 18% rate of VAT, Think Marketing reports. VAT, which was introduced in Egypt in FY2016-17, is currently at 14%. The Finance Ministry is working to issue a law on taxing e-commerce, including imposing taxes on social media ads.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9315],"tags":[72,647,2390,894,7110],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-598100","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-enterpriseam","tag-facebook","tag-other-business-news-of-note","tag-social-media","tag-vat","wpautop","entry"],"acf":{"mongo_id":"c343e6b9-fb1d-4d9b-b8dc-ac6d75ca6c4c","is_powered_by":true,"section_story_id":"376ac3a3-7291-4e6e-a665-d914979e0849","story_type":"1","photo_url":"","photo_position":"above","related_issue":[598076],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Facebook to charge 18% VAT on Egypt-based advertisers not registered for VAT - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/14\/facebook-to-charge-18-vat-on-egypt-based-advertisers-not-registered-for-vat\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Facebook to charge 18% VAT on Egypt-based advertisers not registered for VAT\" \/>\n<meta property=\"og:description\" content=\"Facebook has announced that Egypt-based advertisers without a valid VAT identification number will be charged an increased 18% rate of VAT, Think Marketing reports. VAT, which was introduced in Egypt in FY2016-17, is currently at 14%. The Finance Ministry is working to issue a law on taxing e-commerce, including imposing taxes on social media ads.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/14\/facebook-to-charge-18-vat-on-egypt-based-advertisers-not-registered-for-vat\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-14T03:31:39+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/14\/facebook-to-charge-18-vat-on-egypt-based-advertisers-not-registered-for-vat\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/14\/facebook-to-charge-18-vat-on-egypt-based-advertisers-not-registered-for-vat\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Facebook to charge 18% VAT on Egypt-based advertisers not registered for VAT\",\"datePublished\":\"2019-05-14T03:31:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/14\/facebook-to-charge-18-vat-on-egypt-based-advertisers-not-registered-for-vat\/\"},\"wordCount\":65,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Facebook\",\"Other Business News of Note\",\"social media\",\"VAT\"],\"articleSection\":[\"Other Business News of Note\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/14\/facebook-to-charge-18-vat-on-egypt-based-advertisers-not-registered-for-vat\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/14\/facebook-to-charge-18-vat-on-egypt-based-advertisers-not-registered-for-vat\/\",\"name\":\"Facebook to charge 18% VAT on Egypt-based advertisers not registered for VAT - 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Schedule tax is a type of sales tax imposed on some luxury goods\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":628081,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/25\/house-is-shopping-around-legislation-to-tax-social-media-ads\/","url_meta":{"origin":598100,"position":2},"title":"House is shopping around legislation to tax social media ads","author":"enterpriseam admin","date":"25 June 2018","format":false,"excerpt":"LEGISLATION WATCH- House is shopping around legislation to tax social media ads: A draft law to tax Egyptian advertisers for their social media spends apparently exists and is already floating around in the House of Representatives, MPs tell Egypt Independent. The proposal would tax both paid and unpaid ads (how\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":622917,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/16\/online-retailers-now-have-to-charge-and-remit-vat\/","url_meta":{"origin":598100,"position":3},"title":"Online retailers now have to charge and remit VAT","author":"enterpriseam admin","date":"16 October 2018","format":false,"excerpt":"** #4 EXCLUSIVE- Online retailers now have to charge and remit VAT: The Finance Ministry has notified e-commerce platforms, including Souq, Jumia, and OLX, that they will be required to begin charging value-added tax (VAT) on all transactions in goods that would be subject to VAT if sold offline, government\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":562384,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/23\/not-so-fast-faangs\/","url_meta":{"origin":598100,"position":4},"title":"Not so fast, FAANGs","author":"enterpriseam admin","date":"23 May 2021","format":false,"excerpt":"Multinational tech firms would be made to charge VAT on e-commerce sales in Egypt in two phases under amendments to the VAT Act being considered by the government, El Watan reports, citing a source at the House Economic Committee. The changes would be phased in over two years and would\u2026","rel":"","context":"In &quot;Tax&quot;","block_context":{"text":"Tax","link":"https:\/\/enterpriseam.com\/egypt\/category\/tax\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/186.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":544636,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/14\/enterprise-explains-tik-taxing-influencers-and-content-creators\/","url_meta":{"origin":598100,"position":5},"title":"Enterprise Explains: Tik-Taxing influencers and content creators","author":"enterpriseam admin","date":"14 March 2022","format":false,"excerpt":"YouTubers and other content creators: Here\u2019s how you file your taxes. The Finance Ministry and the Tax Authority have published a manual (pdf) outlining the ins and outs of the so-called \u201cblogger tax\u201d announced last year. 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