{"id":635569,"date":"2017-12-07T04:11:33","date_gmt":"2017-12-07T04:11:33","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/07\/house-health-committee-lowers-proposed-tithes-on-construction-materials-healthcare-businesses\/"},"modified":"2017-12-07T04:11:33","modified_gmt":"2017-12-07T04:11:33","slug":"house-health-committee-lowers-proposed-tithes-on-construction-materials-healthcare-businesses","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/07\/house-health-committee-lowers-proposed-tithes-on-construction-materials-healthcare-businesses\/","title":{"rendered":"House Health Committee lowers proposed tithes on construction materials, healthcare businesses"},"content":{"rendered":"

<\/a> The House of Representatives\u2019 Health Committee lowers proposed licensing fees imposed<\/strong>on the healthcare sector and a possible new tax on the sale of construction materials<\/strong> before signing off on the Universal Healthcare Act<\/a> on Tuesday, Al Borsa reports<\/a>. The committee reduced taxes that would be imposed on construction materials to 0.5% of the value of every tonne sold, with a minimum baseline tax of EGP 5 per tonne. Prior to the amendments, cement companies would have had to pay EGP 20 for every tonne, while steel manufacturers would have paid EGP 50 tax imposed on every tonne sold. Producers of porcelain, marble and granite can expect to pay EGP 5 for every square meter sold. As for licensing fees, the Committee apparently reduced fees on establishing pharmacies, clinics, and hospitals to anywhere between EGP 500-3,000, the newspaper said. Sources had given Al Mal<\/a> a different fee structure on Monday, so this is yet to be confirmed. As we noted yesterday, the committee had reduced premiums for citizens<\/a>, so the cut on fees feeding into the system raises new questions about its financing.<\/p>\n

To compensate for the cut in funding, the Committee approved raising the contribution of<\/strong>the sin tax to the new health system\u2019s budget. <\/strong>EGP 0.75 from the sin tax on every pack of cigarettes will go towards funding the system, up from EGP 0.50, MP Haitham Al Hariri said. The committee had also proposed raising fees for obtaining and renewing drivers licenses. We have yet to see how these amendments would impact the EGP 10 bn deficit in the budget of the universal healthcare system.<\/p>\n","protected":false},"excerpt":{"rendered":"

The House of Representatives\u2019 Health Committee lowers proposed licensing fees imposedon the healthcare sector and a possible new tax on the sale of construction materials before signing off on the Universal Healthcare Act on Tuesday, Al Borsa reports. The committee reduced taxes that would be imposed on construction materials to 0.5% of the value of […]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-635569","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"498df364-0f07-443e-97da-de4425d10657","order":"0","is_powered_by":true,"section_story_id":"5e742c76-4a6d-45e4-8bd6-65b2ae1337ce","story_type":"1","photo_url":"","photo_position":"above","related_issue":[635559],"teaser":"","voice_url":""},"yoast_head":"\nHouse Health Committee lowers proposed tithes on construction materials, healthcare businesses - 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\/2017\/12\/07\/house-health-committee-lowers-proposed-tithes-on-construction-materials-healthcare-businesses\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"House Health Committee lowers proposed tithes on construction materials, healthcare businesses\" \/>\n<meta property=\"og:description\" content=\"The House of Representatives\u2019 Health Committee lowers proposed licensing fees imposedon the healthcare sector and a possible new tax on the sale of construction materials before signing off on the Universal Healthcare Act on Tuesday, Al Borsa reports. 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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":594820,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/egypt-mulls-raising-stamp-tax-fees-on-everything-under-the-sun\/","url_meta":{"origin":635569,"position":1},"title":"Egypt mulls raising stamp tax fees on everything under the sun","author":"enterpriseam admin","date":"9 September 2019","format":false,"excerpt":"EXCLUSIVE- FinMin mulls raising fees on electricity consumption, car licenses, bank transactions, and a whole lot else under Stamp Tax Act amendments: A Finance Ministry committee mandated with drafting amendments to the outdated Stamp Tax Act is proposing introducing changes to the stamp tax imposed on electricity consumption and licensing\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":635523,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/06\/house-health-committee-signs-off-on-universal-healthcare-act-system-expected-to-run-a-egp-10-bn-annual-deficit\/","url_meta":{"origin":635569,"position":2},"title":"House Health Committee signs off on Universal Healthcare Act, system expected to run a EGP 10 bn annual deficit","author":"enterpriseam admin","date":"6 December 2017","format":false,"excerpt":"LEGISLATION WATCH- House Health Committee approves Universal Healthcare Act: The House of Representatives\u2019 Health Committee signed off on the Universal Healthcare Act yesterday and referred it to the general assembly to pencil it in for a vote, Al Shorouk reports. 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Non-oil imports fell 12% during the year while exports declined 1%Remember:\u2026","rel":"","context":"In "Trade"","block_context":{"text":"Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/1\/249.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":545873,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/14\/last-nights-talk-shows-soaring-steel-prices-arent-fair-cairo-chamber-of-commerce\/","url_meta":{"origin":635569,"position":5},"title":"Last Night\u2019s Talk Shows: Soaring steel prices aren\u2019t \u201cfair\u201d -Cairo Chamber of Commerce","author":"enterpriseam admin","date":"14 April 2022","format":false,"excerpt":"What\u2019s a fair price for steel? 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