{"id":646616,"date":"2017-06-19T03:58:17","date_gmt":"2017-06-19T03:58:17","guid":{"rendered":"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\/"},"modified":"2017-06-19T03:58:17","modified_gmt":"2017-06-19T03:58:17","slug":"internet-prices-to-go-up-in-september-once-the-full-vat-is-applied-to-services-says-abdel-moneim-mattar","status":"publish","type":"post","link":"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\/","title":{"rendered":"Internet prices to go up in September once the full VAT is applied to services, says Abdel Moneim Mattar"},"content":{"rendered":"<p>Internet prices are likely to go up in September, once the value-added tax (VAT) is fully applied to the service, <a href=\"https:\/\/alborsanews.com\/2017\/06\/18\/1033048\">according to Al Borsa<\/a>. 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, Finance Ministry VAT commissioner Abdel Moneim Mattar says. Private internet service providers <a href=\"https:\/\/enterprise.press\/stories\/2017\/06\/13\/isps-look-to-extend-their-vat-exemption\/\">said last week<\/a> that they asked the ICT Ministry to help them extend their exemption for a second year, especially since they are already paying TE Data high utilization fees for its infrastructure and incurring losses due chiefly to its monopoly of the market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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, Finance Ministry VAT commissioner Abdel [&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":[9290],"tags":[72,2369],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-646616","post","type-post","status-publish","format-standard","hentry","category-telecoms-ict","tag-enterpriseam","tag-telecoms-ict","wpautop","entry"],"acf":{"mongo_id":"934fad94-cc4d-43ef-9074-c0aee5e3a7ce","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[646582],"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 go up in September once the full VAT is applied to services, says Abdel Moneim Mattar - 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\/06\/19\/internet-prices-to-go-up-in-september-once-the-full-vat-is-applied-to-services-says-abdel-moneim-mattar\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Internet prices to go up in September once the full VAT is applied to services, says Abdel Moneim Mattar\" \/>\n<meta property=\"og:description\" content=\"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, Finance Ministry VAT commissioner Abdel [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"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\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-06-19T03:58:17+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\/06\/19\/internet-prices-to-go-up-in-september-once-the-full-vat-is-applied-to-services-says-abdel-moneim-mattar\/#article\",\"isPartOf\":{\"@id\":\"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\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Internet prices to go up in September once the full VAT is applied to services, says Abdel Moneim Mattar\",\"datePublished\":\"2017-06-19T03:58:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"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\/\"},\"wordCount\":124,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Telecoms + ICT\"],\"articleSection\":[\"Telecoms + ICT\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"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\":\"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\/\",\"name\":\"Internet prices to go up in September once the full VAT is applied to services, says Abdel Moneim Mattar - 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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":645587,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/25\/internet-prices-to-rise-after-vat-implementation\/","url_meta":{"origin":646616,"position":2},"title":"Internet prices to rise after VAT implementation","author":"enterpriseam admin","date":"25 July 2017","format":false,"excerpt":"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\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":641909,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/isps-will-bear-part-of-the-vat-cost-if-te-agrees-on-lowering-infrastructure-rent\/","url_meta":{"origin":646616,"position":3},"title":"ISPs will bear part of the VAT cost if TE agrees on lowering infrastructure rent","author":"enterpriseam admin","date":"1 August 2017","format":false,"excerpt":"Internet service providers are only willing to partially foot the bill for the 14% value-added tax on their services if Telecom Egypt (TE) agrees to lower its infrastructure rent fees, an unnamed company executive tells Al Mal. Infrastructure rent fees account for 80% of customer's\u2019 monthly internet bills, he explained.\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":[]},{"id":652014,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/27\/finance-ministry-will-not-amend-vat-law-to-issue-executive-regulations-in-one-or-two-weeks\/","url_meta":{"origin":646616,"position":4},"title":"Finance Ministry will not amend VAT law, to issue executive regulations in one or two weeks","author":"enterpriseam admin","date":"27 February 2017","format":false,"excerpt":"Finance Ministry won\u2019t amend VAT act: The Finance Ministry will not be revising the law for the value-added tax and we can expect the executive regulations \u201cwithin a week or two at most,\u201d high-ranking officials tell Al Borsa. The ministry plans to study Maglis Al Dowla\u2019s (State Council) proposed amendments\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":646378,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/13\/isps-look-to-extend-their-vat-exemption\/","url_meta":{"origin":646616,"position":5},"title":"ISPs look to extend their VAT exemption","author":"enterpriseam admin","date":"13 June 2017","format":false,"excerpt":"ISPs look for another year of VAT exemption, citing unfair market practices by TE Data: The country\u2019s private internet service providers are asking the ICT Ministry to go to bat for them with the Finance Ministry to extend their one-year exemption from the value-added tax (VAT) for a second fiscal\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/646616","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=646616"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/646616\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/646582"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=646616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=646616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=646616"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=646616"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=646616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}