{"id":652193,"date":"2017-01-03T04:07:50","date_gmt":"2017-01-03T04:07:50","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/03\/parliament-approves-directing-egp-0-40-of-vat-from-cigarettes-towards-healthcare\/"},"modified":"2017-01-03T04:07:50","modified_gmt":"2017-01-03T04:07:50","slug":"parliament-approves-directing-egp-0-40-of-vat-from-cigarettes-towards-healthcare","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/03\/parliament-approves-directing-egp-0-40-of-vat-from-cigarettes-towards-healthcare\/","title":{"rendered":"Parliament approves directing EGP 0.40 of VAT from cigarettes towards healthcare"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>Sin tax to support healthcare spending: <\/strong>The House of Representatives has approved a bill that will see EGP 0.40 of the VAT on each cigarette pack sold be directed towards healthcare, <a href=\"http:\/\/www.aswatmasriya.com\/news\/details\/71700\">Aswat Masriya<\/a> reported. Also yesterday: The Health Ministry has <strong>allocated EGP 8 bn to develop and renovate public hospitals over the next two years<\/strong>, <a href=\"http:\/\/www.ahram.org.eg\/News\/202132\/136\/571204\/%D9%85%D8%AA%D8%A7%D8%A8%D8%B9%D8%A7%D8%AA\/-%D9%85%D9%84%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AC%D9%86%D9%8A%D9%87-%D9%84%D8%AA%D8%B7%D9%88%D9%8A%D8%B1-%D8%A7%D9%84%D9%85%D8%B3%D8%AA%D8%B4%D9%81%D9%8A%D8%A7%D8%AA-%D8%A7%D9%84%D8%AD%D9%83%D9%88%D9%85%D9%8A%D8%A9%D8%A7%D9%84%D8%B1%D8%A6%D9%8A%D8%B3-%D9%8A%D9%88%D8%AC.aspx\">Al Ahram<\/a> reported Minister Ahmed Rady as saying during a meeting with President Abdel Fattah El Sisi on Monday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sin tax to support healthcare spending: The House of Representatives has approved a bill that will see EGP 0.40 of the VAT on each cigarette pack sold be directed towards healthcare, Aswat Masriya reported. Also yesterday: The Health Ministry has allocated EGP 8 bn to develop and renovate public hospitals over the next two years, [&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-652193","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"f14a0d9d-61ec-477d-9c31-dc3fc4149996","order":"0","is_powered_by":true,"section_story_id":"e7169463-0b06-4c77-a0b9-a22e46ef14d1","story_type":"1","photo_url":"","photo_position":"above","related_issue":[652177],"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>Parliament approves directing EGP 0.40 of VAT from cigarettes towards healthcare - 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\/01\/03\/parliament-approves-directing-egp-0-40-of-vat-from-cigarettes-towards-healthcare\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Parliament approves directing EGP 0.40 of VAT from cigarettes towards healthcare\" \/>\n<meta property=\"og:description\" content=\"Sin tax to support healthcare spending: The House of Representatives has approved a bill that will see EGP 0.40 of the VAT on each cigarette pack sold be directed towards healthcare, Aswat Masriya reported. Also yesterday: The Health Ministry has allocated EGP 8 bn to develop and renovate public hospitals over the next two years, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/03\/parliament-approves-directing-egp-0-40-of-vat-from-cigarettes-towards-healthcare\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-01-03T04:07:50+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\/2017\/01\/03\/parliament-approves-directing-egp-0-40-of-vat-from-cigarettes-towards-healthcare\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/03\/parliament-approves-directing-egp-0-40-of-vat-from-cigarettes-towards-healthcare\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Parliament approves directing EGP 0.40 of VAT from cigarettes towards healthcare\",\"datePublished\":\"2017-01-03T04:07:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/03\/parliament-approves-directing-egp-0-40-of-vat-from-cigarettes-towards-healthcare\/\"},\"wordCount\":82,\"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\/01\/03\/parliament-approves-directing-egp-0-40-of-vat-from-cigarettes-towards-healthcare\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/03\/parliament-approves-directing-egp-0-40-of-vat-from-cigarettes-towards-healthcare\/\",\"name\":\"Parliament approves directing EGP 0.40 of VAT from cigarettes towards healthcare - 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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":641997,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/03\/universal-healthcare-act-to-cost-state-coffers-egp-130-bn-in-fy2017-18\/","url_meta":{"origin":652193,"position":1},"title":"Universal Healthcare Act to cost state coffers EGP 130 bn in FY2017-18","author":"enterpriseam admin","date":"3 August 2017","format":false,"excerpt":"The proposed Universal Healthcare Act will cost state coffers EGP 130 bn to implement in FY2017-18 if it should pass, according to government actuarial studies, Al Borsa reported on Wednesday. The bill is by to come up for cabinet review by the end of August and should be before the\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":622917,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/16\/online-retailers-now-have-to-charge-and-remit-vat\/","url_meta":{"origin":652193,"position":2},"title":"Online retailers now have to charge and remit VAT","author":"enterpriseam admin","date":"16 October 2018","format":false,"excerpt":"** #4 EXCLUSIVE- Online retailers now have to charge and remit VAT: The Finance Ministry has notified e-commerce platforms, including Souq, Jumia, and OLX, that they will be required to begin charging value-added tax (VAT) on all transactions in goods that would be subject to VAT if sold offline, government\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":621273,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/05\/egypt-smes-to-pay-1-vat-under-proposed-smes-act-finmin-has-new-definition-of-small-business\/","url_meta":{"origin":652193,"position":3},"title":"Egypt SMEs to pay 1% VAT under proposed SMEs Act, FinMin has new definition of small business","author":"enterpriseam admin","date":"5 November 2018","format":false,"excerpt":"** #3 EXCLUSIVE- Businesses with annual top lines of less than 500k would pay 1% VAT under proposed SMEs Act: The Finance Ministry will set a VAT rate of 1% for SMEs, two senior ministry sources told Enterprise. The ministry was against exempting SMEs from the VAT, saying that to\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":624710,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/17\/finmin-reaches-agreement-with-lawyers-syndicate-on-vat\/","url_meta":{"origin":652193,"position":4},"title":"FinMin reaches agreement with Lawyers Syndicate on VAT","author":"enterpriseam admin","date":"17 September 2018","format":false,"excerpt":"FinMin renews agreement with Lawyers Syndicate on VAT: The Finance Ministry renewed an agreement on Sunday with the Lawyers Syndicate that sets the value-added tax rates for their services. The agreement sets a flat VAT on each service or type of court proceeding undertaken by a firm. 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