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Egypt News - Business, Taxation & Offshore

Egypt Confirms VAT Hike This Year

by Lorys Charalambous,, Cyprus

Wednesday, January 18, 2017

The Government of Egypt has confirmed a plan to increase the rate of value-added tax later this year under a series of revenue-raising measures.Read Full Story


Egypt Hikes Import Tariffs

by Lorys Charalambous,, Cyprus

Tuesday, December 20, 2016

Egypt has increased import taxes on more than 300 items in to encourage domestic production and export growth.Read Full Story



Tax Inspectors Without Borders Boosting Revenues For Developing States

by Ulrika Lomas,, Brussels

Friday, November 25, 2016

More than USD260m in tax revenues has been generated through the Tax Inspectors Without Borders initiative since its launch in July last year, the OECD announced on November 22.Read Full Story


Egypt Ratifies VAT Law

by Lorys Charalambous,, Cyprus

Tuesday, September 13, 2016

With President Abdel Fattah el-Sisi's approval, Egypt has completed its ratification procedures to bring about the introduction of value-added tax from the 2016/17 fiscal year.Read Full Story



Moody's Welcomes Egyptian VAT

by Lorys Charalambous,, Cyprus

Tuesday, September 6, 2016

Credit ratings agency Moody's Investors Service has said Egypt's new value-added tax will help close a sizable gap in government finances.Read Full Story


13 Percent VAT Confirmed For Egypt

by Lorys Charalambous,, Cyprus

Thursday, September 1, 2016

Egyptian lawmakers have agreed to the introduction of a value-added tax regime with a 13 percent headline rate from the 2016/17 fiscal year.Read Full Story