{"id":645587,"date":"2017-07-25T04:05:48","date_gmt":"2017-07-25T04:05:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/25\/internet-prices-to-rise-after-vat-implementation\/"},"modified":"2017-07-25T04:05:48","modified_gmt":"2017-07-25T04:05:48","slug":"internet-prices-to-rise-after-vat-implementation","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/25\/internet-prices-to-rise-after-vat-implementation\/","title":{"rendered":"Internet prices to rise after VAT implementation"},"content":{"rendered":"<p><strong>You\u2019re set to pay more for your ADSL package now that service providers will <\/strong><strong>themselves be required to pay the 14% value-added tax<\/strong>, according to a report from the Cabinet Information and Decision Support Center <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1166973\">picked up by AMAY<\/a>. Data packages across the board will cost more for the ISPs to provide starting in September when the VAT for telecom services will come into effect (the <a href=\"http:\/\/www.almalnews.com\/Story\/341014\/17\/%D8%A7%D9%84%D8%AD%D9%83%D9%88%D9%85%D8%A9-%D8%AA%D8%AA%D8%B1%D8%A7%D8%AC%D8%B9----%D8%B2%D9%8A%D8%A7%D8%AF%D8%A9-%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1-%D8%A7%D9%84%D8%A7%D9%86%D8%AA%D8%B1%D9%86%D8%AA-%D8%A8%D8%AF%D8%A7%D9%8A%D8%A9-%D9%85%D9%86-%D8%B3%D8%A8\">IDSC had initially said<\/a> it would be applied in July). Internet service providers have failed to convince the ICT Ministry to give them another year without having to pay the VAT and have thus been pushing the National Telecommunications Regulatory Authority to give authorize a 15% increase in service prices to offset the impact of the VAT. The CIT ministry had previously said it believes <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/03\/how-will-vat-impact-the-telecoms-sector\/\">ADSL providers could be allowed to raise prices by as much as 4%<\/a> to offset the impact of the VAT.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>You\u2019re set to pay more for your ADSL package now that service providers will themselves be required to pay the 14% value-added tax, according to a report from the Cabinet Information and Decision Support Center picked up by AMAY. Data packages across the board will cost more for the ISPs to provide starting in September [&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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-645587","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"668061fa-6716-4c7c-971c-a9f77a9d726f","order":"0","is_powered_by":true,"section_story_id":"80dff86a-bbfe-417e-8034-45c8b1b1e035","story_type":"1","photo_url":"","photo_position":"above","related_issue":[645574],"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>Internet prices to rise after VAT implementation - 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\/07\/25\/internet-prices-to-rise-after-vat-implementation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Internet prices to rise after VAT implementation\" \/>\n<meta property=\"og:description\" content=\"You\u2019re set to pay more for your ADSL package now that service providers will themselves be required to pay the 14% value-added tax, according to a report from the Cabinet Information and Decision Support Center picked up by AMAY. Data packages across the board will cost more for the ISPs to provide starting in September [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/25\/internet-prices-to-rise-after-vat-implementation\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-25T04:05:48+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/25\/internet-prices-to-rise-after-vat-implementation\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/25\/internet-prices-to-rise-after-vat-implementation\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Internet prices to rise after VAT implementation\",\"datePublished\":\"2017-07-25T04:05:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/25\/internet-prices-to-rise-after-vat-implementation\/\"},\"wordCount\":156,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/25\/internet-prices-to-rise-after-vat-implementation\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/25\/internet-prices-to-rise-after-vat-implementation\/\",\"name\":\"Internet prices to rise after VAT implementation - 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Data packages across the board will cost more for the ISPs to provide starting in September [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/25\/internet-prices-to-rise-after-vat-implementation\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-07-25T04:05:48+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/25\/internet-prices-to-rise-after-vat-implementation\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/25\/internet-prices-to-rise-after-vat-implementation\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Internet prices to rise after VAT implementation","datePublished":"2017-07-25T04:05:48+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/25\/internet-prices-to-rise-after-vat-implementation\/"},"wordCount":156,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/25\/internet-prices-to-rise-after-vat-implementation\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/25\/internet-prices-to-rise-after-vat-implementation\/","name":"Internet prices to rise after VAT implementation - 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Internet service providers will be taxed\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":601090,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/19\/egypt-uber-sign-agreement-to-pay-vat-retroactively\/","url_meta":{"origin":645587,"position":2},"title":"Egypt, Uber sign agreement to pay VAT retroactively","author":"enterpriseam admin","date":"19 February 2019","format":false,"excerpt":"Uber has agreed to charge and remit VAT in Egypt: Ride-hailing app Uber signed on Sunday an agreement with the Finance Ministry that will see the ride-hailing service charge and remit value-added tax (VAT) on its operations in Egypt, state-run news agency MENA quotes Tax Authority head Abdel Azeem Hussein\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":650101,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/16\/vat-expected-to-bring-in-egp-190-200-bn-next-fiscal-year\/","url_meta":{"origin":645587,"position":3},"title":"VAT expected to bring in EGP 190-200 bn next fiscal year","author":"enterpriseam admin","date":"16 March 2017","format":false,"excerpt":"The value-added tax (VAT) is forecast to bring in revenues of EGP 190-200 bn during FY2017-18, the Finance Ministry VAT commissioner Abdel Moneim Mattar said at the Egypt Builders Conference yesterday, according to an emailed statement. According to Mattar, revenues from the tax \u2014 which is currently set at 13%\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":596348,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/26\/govt-could-impose-5-10-schedule-tax-on-social-media-ads\/","url_meta":{"origin":645587,"position":4},"title":"Gov\u2019t could impose 5-10% schedule tax on social media ads","author":"enterpriseam admin","date":"26 August 2019","format":false,"excerpt":"EXCLUSIVE- The government is looking to impose a 5-10% schedule tax on social media and internet search ads on top of the 14% VAT as part of anticipated amendments to the VAT Act, government sources told Enterprise. Schedule tax is a type of sales tax imposed on some luxury goods\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":646616,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/19\/internet-prices-to-go-up-in-september-once-the-full-vat-is-applied-to-services-says-abdel-moneim-mattar\/","url_meta":{"origin":645587,"position":5},"title":"Internet prices to go up in September once the full VAT is applied to services, says Abdel Moneim Mattar","author":"enterpriseam admin","date":"19 June 2017","format":false,"excerpt":"Internet prices are likely to go up in September, once the value-added tax (VAT) is fully applied to the service, according to Al Borsa. ADSL services had been exempt from the VAT for its first year in effect, but will be subject to a 14% rate when the VAT rises,\u2026","rel":"","context":"In &quot;Telecoms + ICT&quot;","block_context":{"text":"Telecoms + ICT","link":"https:\/\/enterpriseam.com\/egypt\/category\/telecoms-ict\/"},"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\/645587","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=645587"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/645587\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/645574"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=645587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=645587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=645587"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=645587"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=645587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}