Egypt's Ministry of Finance has issued details on the new value added tax (VAT) regime that has been approved by the Egyptian cabinet and is pending approval by parliament (previous coverage).
Key details include:
The new VAT regime will replace the current 10% general sales tax regime. No specific date has been provided for when the new VAT regime is to apply.
We’re here to answer any questions you have about the Orbitax products and services.
We’re committed to providing high value, low cost tax research and management solutions.
Our Twitter account is where you can find latest information, news updates, offers and lots more.