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Egypt's VAT Rate Increased to 14%

|Approved Changes|Egypt
Egypt

Effective 1 July 2017, Egypt's standard value added tax (VAT) rate is increased from 13% to 14%. Egypt's VAT regime was enacted 7 September 2016 ({News-2016-09-15/A/3-previous coverage}) and replaced the country's general 10% sales tax regime. The initial 13% rate for the year ending 30 June 2017 was somewhat of a transitional rate

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