{"id":602320,"date":"2019-03-25T04:00:30","date_gmt":"2019-03-25T04:00:30","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/25\/egypt-agrees-to-set-0-25-healthcare-tithe-for-tourism-companies-on-commission-earned\/"},"modified":"2019-03-25T04:00:30","modified_gmt":"2019-03-25T04:00:30","slug":"egypt-agrees-to-set-0-25-healthcare-tithe-for-tourism-companies-on-commission-earned","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/25\/egypt-agrees-to-set-0-25-healthcare-tithe-for-tourism-companies-on-commission-earned\/","title":{"rendered":"Egypt agrees to set 0.25% healthcare tithe for tourism companies on commission earned"},"content":{"rendered":"

<\/a> Gov\u2019t agrees to set 0.25% healthcare tithe for tourism companies on commission earned:<\/b> The government has agreed to calculate the 0.25% healthcare tithe for companies in the tourism industry based on the commission these companies earn on certain products and services such as airline tickets, rather than overall revenues, Al Shorouk reports<\/a>.<\/p>\n

Background: <\/b>There\u2019s plenty of lobbying happening here, folks. A government official had told us last week<\/a> that the ministry is considering making the levy on all companies a fraction of net profit, not revenue. The state\u2019s EGP 600 bn health insurance plan mandated under the Universal Healthcare Act will be rolled out incrementally throughout Egypt over the course of 11-13 years, but the Finance Ministry is expected to start levying a designated tax to fund the scheme during the current fiscal year.<\/p>\n","protected":false},"excerpt":{"rendered":"

Gov\u2019t agrees to set 0.25% healthcare tithe for tourism companies on commission earned: The government has agreed to calculate the 0.25% healthcare tithe for companies in the tourism industry based on the commission these companies earn on certain products and services such as airline tickets, rather than overall revenues, Al Shorouk reports. Background: There\u2019s plenty […]<\/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":[72,7115,2380,69,238,4175],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-602320","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-healthcare","tag-speed-round","tag-tax","tag-tourism","tag-universal-healthcare-act","wpautop","entry"],"acf":{"mongo_id":"6e3e94f4-ad98-445b-9357-c40259de0882","is_powered_by":true,"section_story_id":"f2d6ffd9-df28-4519-b9b9-7e0726e3650f","story_type":"1","photo_url":"","photo_position":"above","related_issue":[602313],"teaser":"","voice_url":""},"yoast_head":"\nEgypt agrees to set 0.25% healthcare tithe for tourism companies on commission earned - 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\/03\/25\/egypt-agrees-to-set-0-25-healthcare-tithe-for-tourism-companies-on-commission-earned\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt agrees to set 0.25% healthcare tithe for tourism companies on commission earned\" \/>\n<meta property=\"og:description\" content=\"Gov\u2019t agrees to set 0.25% healthcare tithe for tourism companies on commission earned: The government has agreed to calculate the 0.25% healthcare tithe for companies in the tourism industry based on the commission these companies earn on certain products and services such as airline tickets, rather than overall revenues, Al Shorouk reports. 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The Finance Ministry said yesterday that it has drafted changes to the funding system for the new universal health insurance system, but stopped short of making clear what those changes are, according to a report\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\/2019\/7\/Health-care-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":595118,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/egypt-mulls-amending-corporate-healthcare-tithe-to-impose-egp-10k-cap-across-the-board\/","url_meta":{"origin":602320,"position":1},"title":"Egypt mulls amending corporate healthcare tithe to impose EGP 10k cap across the board","author":"enterpriseam admin","date":"17 September 2019","format":false,"excerpt":"EXCLUSIVE- FinMin mulls amending corporate healthcare tithe to impose across-the-board cap at EGP 10k: The Finance Ministry is considering introducing amendments to the Universal Healthcare Act that would set an across-the-board limit on the healthcare tithe paid by businesses to fund the new universal healthcare system, two government sources tell\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\/1\/773.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":602973,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/11\/finance-ministry-issues-regulations-of-healthcare-tithe-for-current-tax-season\/","url_meta":{"origin":602320,"position":2},"title":"Finance Ministry issues regulations of healthcare tithe for current tax season","author":"enterpriseam admin","date":"11 April 2019","format":false,"excerpt":"EXCLUSIVE- It\u2019s official: You\u2019re going to be paying the healthcare tithe on your top line this year \u2014 and it won\u2019t be tax deductible: The 0.25% levy businesses will have to pay to finance the universal healthcare system will be charged on revenues and will not be tax deductible this\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\/1\/773.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":601151,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/20\/companies-operating-in-usd-to-be-granted-option-to-pay-0-25-healthcare-tax-in-usd\/","url_meta":{"origin":602320,"position":3},"title":"Companies operating in USD to be granted option to pay 0.25% healthcare tax in USD","author":"enterpriseam admin","date":"20 February 2019","format":false,"excerpt":"EXCLUSIVE- Companies operating in USD can pay 0.25% healthcare tax in USD or EGP: Foreign companies operating in Egypt, and those domiciled in Egypt but presenting their financial statements in USD, will be allowed to pay the 0.25% healthcare tithe this year in EGP or USD, a senior government source\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":601850,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/egypt-parliament-looking-to-make-0-25-healthcare-tithe-tax-deductible\/","url_meta":{"origin":602320,"position":4},"title":"Egypt parliament looking to make 0.25% healthcare tithe tax-deductible","author":"enterpriseam admin","date":"12 March 2019","format":false,"excerpt":"LEGISLATION WATCH- House looking to make 0.25% healthcare tithe tax-deductible: The House of Representatives is set to discuss within the next few days amendments proposed by Rep. Mohamed El Sewedy that would make tax-deductible the 0.25% tithe on revenues that companies are required to pay to finance the new national\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\/2019\/2\/2118.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":602364,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/egypts-finmin-to-announce-specifics-of-healthcare-tithe-this-week\/","url_meta":{"origin":602320,"position":5},"title":"Egypt\u2019s FinMin to announce specifics of healthcare tithe this week","author":"enterpriseam admin","date":"26 March 2019","format":false,"excerpt":"FinMin to announce final specifics of healthcare tithe this week: The Finance Ministry will announce this week its final framework for the 0.25% levy businesses will be required to pay this year to finance the national healthcare system under the Universal Healthcare Act, according to a domestic press report citing\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/602320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=602320"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/602320\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/602313"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=602320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=602320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=602320"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=602320"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=602320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}