{"id":598594,"date":"2019-05-29T04:03:56","date_gmt":"2019-05-29T04:03:56","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/29\/tax-break-scheme-for-egyptian-exporters-launches-tomorrow-on-trial-basis\/"},"modified":"2019-05-29T04:03:56","modified_gmt":"2019-05-29T04:03:56","slug":"tax-break-scheme-for-egyptian-exporters-launches-tomorrow-on-trial-basis","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/29\/tax-break-scheme-for-egyptian-exporters-launches-tomorrow-on-trial-basis\/","title":{"rendered":"Tax break scheme for Egyptian exporters launches tomorrow on trial basis"},"content":{"rendered":"

Tax breaks for exporters to launch tomorrow on trial basis: <\/b>The Tax Authority will meet tomorrow with leaders of Egypt\u2019s export councils to implement on a trial basis the tax settlement mechanism which will be introduced under the new export subsidy<\/a> program, Al Shorouk reports<\/a>. We noted yesterday that exporters will be getting tax breaks as part of a new framework to recompense overdue export subsidy payments. The program will effectively pay out what is claimed to be<\/a> up to EGP 12 bn in incentives owed to Egyptian exporters by the Export Subsidy Fund since last year.<\/p>\n","protected":false},"excerpt":{"rendered":"

Tax breaks for exporters to launch tomorrow on trial basis: The Tax Authority will meet tomorrow with leaders of Egypt\u2019s export councils to implement on a trial basis the tax settlement mechanism which will be introduced under the new export subsidy program, Al Shorouk reports. We noted yesterday that exporters will be getting tax breaks […]<\/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-598594","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":"9dd50150-a498-4992-b5be-1c4f69c13d94","is_powered_by":true,"section_story_id":"746df3e7-d252-4c6e-8427-48e537aa80ee","story_type":"1","photo_url":"","photo_position":"above","related_issue":[598578],"teaser":"","voice_url":""},"yoast_head":"\nTax break scheme for Egyptian exporters launches tomorrow on trial basis - 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\/29\/tax-break-scheme-for-egyptian-exporters-launches-tomorrow-on-trial-basis\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tax break scheme for Egyptian exporters launches tomorrow on trial basis\" \/>\n<meta property=\"og:description\" content=\"Tax breaks for exporters to launch tomorrow on trial basis: The Tax Authority will meet tomorrow with leaders of Egypt\u2019s export councils to implement on a trial basis the tax settlement mechanism which will be introduced under the new export subsidy program, Al Shorouk reports. We noted yesterday that exporters will be getting tax breaks […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/29\/tax-break-scheme-for-egyptian-exporters-launches-tomorrow-on-trial-basis\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-29T04:03:56+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\/29\/tax-break-scheme-for-egyptian-exporters-launches-tomorrow-on-trial-basis\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/29\/tax-break-scheme-for-egyptian-exporters-launches-tomorrow-on-trial-basis\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Tax break scheme for Egyptian exporters launches tomorrow on trial basis\",\"datePublished\":\"2019-05-29T04:03:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/29\/tax-break-scheme-for-egyptian-exporters-launches-tomorrow-on-trial-basis\/\"},\"wordCount\":108,\"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\/29\/tax-break-scheme-for-egyptian-exporters-launches-tomorrow-on-trial-basis\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/29\/tax-break-scheme-for-egyptian-exporters-launches-tomorrow-on-trial-basis\/\",\"name\":\"Tax break scheme for Egyptian exporters launches tomorrow on trial basis - 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The\u2026","rel":"","context":"In "Speed Round"","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":595082,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/16\/egypt-to-launch-today-the-new-egp-6-bn-export-subsidy-framework\/","url_meta":{"origin":598594,"position":1},"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 "Speed Round"","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":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":598594,"position":2},"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. The ministry received some 60 requests from companies looking to\u2026","rel":"","context":"In "Speed Round"","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":569870,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/10\/govt-drops-sukuks-and-tax-breaks-from-export-subsidy-arrears-program\/","url_meta":{"origin":598594,"position":3},"title":"Gov\u2019t drops sukuks and tax breaks from export subsidy arrears program","author":"enterpriseam admin","date":"10 March 2020","format":false,"excerpt":"Gov\u2019t drops sukuk and tax breaks from export subsidy arrears program: The government has dropped sukuk issuances and tax and customs settlements from the executive regulations of the Export Subsidy Fund\u2019s arrears program, Al Mal reports, citing unnamed industry officials. They said export subsidy arrears will no longer be paid\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/3\/118.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":598551,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/28\/tax-settlement-specifics-under-egypts-new-export-program-to-be-announced-next-month\/","url_meta":{"origin":598594,"position":4},"title":"Tax settlement specifics under Egypt\u2019s new export program to be announced next month","author":"enterpriseam admin","date":"28 May 2019","format":false,"excerpt":"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\u2026","rel":"","context":"In "Speed Round"","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":572741,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/07\/egypt-begins-reviewing-eligibility-criteria-for-export-subsidy-program\/","url_meta":{"origin":598594,"position":5},"title":"Egypt begins reviewing eligibility criteria for export subsidy program","author":"enterpriseam admin","date":"7 July 2020","format":false,"excerpt":"The Trade Ministry has started a review of its export subsidy program and could widen the list of goods eligible for state support, Hapi Journal reports, quoting unnamed exporters. 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