{"id":598172,"date":"2019-05-16T03:28:17","date_gmt":"2019-05-16T03:28:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/egypts-cabinet-idsc-denies-18-tax-on-social-media-advertising\/"},"modified":"2019-05-16T03:28:17","modified_gmt":"2019-05-16T03:28:17","slug":"egypts-cabinet-idsc-denies-18-tax-on-social-media-advertising","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/egypts-cabinet-idsc-denies-18-tax-on-social-media-advertising\/","title":{"rendered":"Egypt\u2019s cabinet IDSC denies 18% tax on social media advertising"},"content":{"rendered":"

<\/a> Gov\u2019t denies 18% social media ad tax is already in place, but says it is working on a 15-20% levy:<\/b> The Cabinet Information and Decision Support Center has issued a statement<\/a> denying a report earlier this week in Al Mal<\/a>that the Finance Ministry has begun requiring that advertisers charge an 18% tax on social media advertising campaigns run for overseas clients. The ministry is working on draft legislation<\/a> to have ads on social media platforms subject to a 15-20% stamp tax that is \u201con par with international standards,\u201d the statement notes.<\/p>\n","protected":false},"excerpt":{"rendered":"

Gov\u2019t denies 18% social media ad tax is already in place, but says it is working on a 15-20% levy: The Cabinet Information and Decision Support Center has issued a statement denying a report earlier this week in Al Malthat the Finance Ministry has begun requiring that advertisers charge an 18% tax on social media […]<\/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":[8572],"tags":[72,1318,180,894,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-598172","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-fiscal-policy","tag-legislation","tag-social-media","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"5efe0b81-51ea-4dc6-82b9-da3cf156d621","is_powered_by":true,"section_story_id":"8ff9daf8-061a-4ced-95b0-da000e241f78","story_type":"1","photo_url":"","photo_position":"above","related_issue":[598164],"teaser":"","voice_url":""},"yoast_head":"\nEgypt\u2019s cabinet IDSC denies 18% tax on social media advertising - 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\/16\/egypts-cabinet-idsc-denies-18-tax-on-social-media-advertising\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s cabinet IDSC denies 18% tax on social media advertising\" \/>\n<meta property=\"og:description\" content=\"Gov\u2019t denies 18% social media ad tax is already in place, but says it is working on a 15-20% levy: The Cabinet Information and Decision Support Center has issued a statement denying a report earlier this week in Al Malthat the Finance Ministry has begun requiring that advertisers charge an 18% tax on social media […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/egypts-cabinet-idsc-denies-18-tax-on-social-media-advertising\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-16T03:28:17+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\/16\/egypts-cabinet-idsc-denies-18-tax-on-social-media-advertising\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/egypts-cabinet-idsc-denies-18-tax-on-social-media-advertising\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s cabinet IDSC denies 18% tax on social media advertising\",\"datePublished\":\"2019-05-16T03:28:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/egypts-cabinet-idsc-denies-18-tax-on-social-media-advertising\/\"},\"wordCount\":100,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"fiscal policy\",\"legislation\",\"social media\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/egypts-cabinet-idsc-denies-18-tax-on-social-media-advertising\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/egypts-cabinet-idsc-denies-18-tax-on-social-media-advertising\/\",\"name\":\"Egypt\u2019s cabinet IDSC denies 18% tax on social media advertising - 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