Egypt early VAT rise to 14% July 2017
- Jan 18, 2017 | Richard Asquith
Egypt has announced that it will bring forward to 1 July 2017 a 1% VAT rise to 14%.
The original plan had been to raise VAT on 1 October 2017. However, the government faces a large deficit.
VAT was introduced into Egypt at 13% on 1 October 2016. It replaced the 10% Sales tax. The purpose was to improve the efficiency of tax collections, and broaden the tax base. VAT also helps reduce the tax burden on job-creating manufactures, and help improve Egypt’s global competitive profile.
Egypt VAT news
Total results : 4
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Jan-11-2023
Union vs non-Union OSS: what’s the difference?
avalara:content-tags/asset-type/blog-post,avalara:content-tags/location/world/middle-east-and-africa/egypt,avalara:content-tags/primary-blog-tags/vatlive/location/africa-and-middle-east/middle-east/egypt
May-31-2022
US 2021 sales tax updates for foreign businesses
avalara:content-tags/asset-type/blog-post,avalara:content-tags/location/world/middle-east-and-africa/egypt,avalara:content-tags/primary-blog-tags/vatlive/location/africa-and-middle-east/middle-east/egypt
May-31-2022
Norway extends reduced VAT cut
VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax
Richard Asquith
Richard Asquith is the former VP Global Indirect Tax at Avalara