{"id":598551,"date":"2019-05-28T03:57:05","date_gmt":"2019-05-28T03:57:05","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/28\/tax-settlement-specifics-under-egypts-new-export-program-to-be-announced-next-month\/"},"modified":"2019-05-28T03:57:05","modified_gmt":"2019-05-28T03:57:05","slug":"tax-settlement-specifics-under-egypts-new-export-program-to-be-announced-next-month","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/28\/tax-settlement-specifics-under-egypts-new-export-program-to-be-announced-next-month\/","title":{"rendered":"Tax settlement specifics under Egypt\u2019s new export program to be announced next month"},"content":{"rendered":"<p><b>Some exporters will get tax breaks instead of cash payment of export subsidies. <\/b>That\u2019s the key takeaway from a <a href=\"https:\/\/ent.news\/2019\/5\/2029.pdf\">Trade Ministry statement (pdf)<\/a> issued after a meeting between ministry officials and representatives of Egypt\u2019s export councils. The proposal, part of a bit to prompt the ministry to make good on <a href=\"https:\/\/enterprise.press\/stories\/2018\/11\/18\/whats-happening-with-the-promised-release-of-export-subsidy-funds-ask-egypts-exporters\/\">overdue export subsidy payments<\/a>, will next be taken up at a meeting of the Export Subsidy Fund in the second half of June. Manufacturers claim to be owed bns in overdue export subsidy payments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Some exporters will get tax breaks instead of cash payment of export subsidies. That\u2019s the key takeaway from a Trade Ministry statement (pdf) issued after a meeting between ministry officials and representatives of Egypt\u2019s export councils. The proposal, part of a bit to prompt the ministry to make good on overdue export subsidy payments, will [&hellip;]<\/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":[72,332,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-598551","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-export-subsidy-fund","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"502b269a-8d78-4d96-92c1-0036a303a3cc","is_powered_by":true,"section_story_id":"bc7f2660-0966-4f2e-bd52-d84eff677c7e","story_type":"1","photo_url":"","photo_position":"above","related_issue":[598535],"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>Tax settlement specifics under Egypt\u2019s new export program to be announced next month - 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\/28\/tax-settlement-specifics-under-egypts-new-export-program-to-be-announced-next-month\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tax settlement specifics under Egypt\u2019s new export program to be announced next month\" \/>\n<meta property=\"og:description\" content=\"Some exporters will get tax breaks instead of cash payment of export subsidies. That\u2019s the key takeaway from a Trade Ministry statement (pdf) issued after a meeting between ministry officials and representatives of Egypt\u2019s export councils. The proposal, part of a bit to prompt the ministry to make good on overdue export subsidy payments, will [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/28\/tax-settlement-specifics-under-egypts-new-export-program-to-be-announced-next-month\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-28T03:57:05+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\/28\/tax-settlement-specifics-under-egypts-new-export-program-to-be-announced-next-month\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/28\/tax-settlement-specifics-under-egypts-new-export-program-to-be-announced-next-month\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Tax settlement specifics under Egypt\u2019s new export program to be announced next month\",\"datePublished\":\"2019-05-28T03:57:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/28\/tax-settlement-specifics-under-egypts-new-export-program-to-be-announced-next-month\/\"},\"wordCount\":100,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"export subsidy fund\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/28\/tax-settlement-specifics-under-egypts-new-export-program-to-be-announced-next-month\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/28\/tax-settlement-specifics-under-egypts-new-export-program-to-be-announced-next-month\/\",\"name\":\"Tax settlement specifics under Egypt\u2019s new export program to be announced next month - 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The\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":621743,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/whats-happening-with-the-promised-release-of-export-subsidy-funds-ask-egypts-exporters\/","url_meta":{"origin":598551,"position":1},"title":"What\u2019s happening with the promised release of export subsidy funds, ask Egypt\u2019s exporters","author":"enterpriseam admin","date":"18 November 2018","format":false,"excerpt":"What\u2019s happening with the promised release of export subsidy payments, ask Egypt\u2019s exporters: Egyptian exporters frustrated by what they feel is a lack of action from the government on releasing long-overdue export subsidies are urging Prime Minister Moustafa Madbouly to take action. Egypt\u2019s export councils, along with the Egyptian Businessmen\u2019s\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":597200,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/egypts-exporters-have-four-new-ways-to-claim-their-overdue-payments\/","url_meta":{"origin":598551,"position":2},"title":"Egypt\u2019s exporters have four new ways to claim their overdue payments","author":"enterpriseam admin","date":"18 July 2019","format":false,"excerpt":"Exporters now have four new ways through which to claim their overdue payments from the Export Subsidy Fund, according to a letter from the Trade Ministry seen by the press. Under the new framework, exporters could receive discounts on their obligations to the electricity, oil, and investment ministries and claim\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\/2020\/1\/776.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":595082,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/16\/egypt-to-launch-today-the-new-egp-6-bn-export-subsidy-framework\/","url_meta":{"origin":598551,"position":3},"title":"Egypt to launch today the new EGP 6 bn export subsidy framework","author":"enterpriseam admin","date":"16 September 2019","format":false,"excerpt":"The government will begin implementing today the promised EGP 6 bn new export subsidy framework after holding several meetings with the export councils, reports Al Mal. Exporters have been awaiting clarity on how the government is planning to implement the new program, which will see some EGP 2.4 bn (40%)\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":595126,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/egypt-kicks-off-new-export-subsidy-program-says-overdue-payments-on-the-way\/","url_meta":{"origin":598551,"position":4},"title":"Egypt kicks off new export subsidy program, says overdue payments on the way","author":"enterpriseam admin","date":"17 September 2019","format":false,"excerpt":"Gov\u2019t kicks off EGP 6 bn export subsidy program, says more overdue payments on the way: The government has started implementing the EGP 6 bn new export subsidy framework and is taking more steps to settle the overdue payments promised by the Export Subsidy Fund since 2012, Finance Minister Mohamed\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\/2020\/2\/120.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592690,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/04\/egypt-gives-exporters-egp-600-mn-in-tax-breaks-to-settle-overdue-subsidies\/","url_meta":{"origin":598551,"position":5},"title":"Egypt gives exporters EGP 600 mn in tax breaks to settle overdue subsidies","author":"enterpriseam admin","date":"4 November 2019","format":false,"excerpt":"FinMin gives exporters EGP 600 mn in tax breaks to settle overdue subsidies: The Finance Ministry has settled EGP 600 mn in overdue export subsidies in the past three months via providing tax breaks, Vice Finance Minister Ahmed Kouchouk said. 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