Cairo – Mubasher: Alexandria Customs collected total taxes of EGP 1.105 billion for issuing customs clearance for cars and spare parts at a combined value of EGP 3.908 billion in July, the head of the Egyptian Customs Authority, Kamal Negm, said …
Cairo – Mubasher: The Egyptian Tax Authority issued a decision requiring top corporate taxpayers to issue electronic tax invoices as of 15 November. This is the first phase of making the issuance of electronic tax invoices mandatory for all …
Cairo – Mubasher: Tax and non-tax proceeds from Egypt’s Suez Canal to the state treasury amounted to EGP 56.91 billion during the first 11 months of fiscal year 2019/2020, down by 5.9% from EGP 60.5 billion in the year-ago period. Taxes on Suez …
Cairo – Mubasher: The Egyptian minister of finance Mohamed Maait said that the law no. 152 of 2020 regarding micro-, small- and medium-sized enterprises (MSMEs) development includes several customs and tax incentives. These incentives are aimed at …
Cairo – Mubasher: The Egyptian minister of finance Mohamed Maait announced that the new law passed by the parliament on Monday on waiving interest and late fees on taxes has been extended to the end of December. This regulation is in line with the …
Cairo – Mubasher: The Egyptian parliament gave final approval for several laws, including extending the state of emergency for three months, starting from Monday, 27 July, the Middle East News Agency (MENA) reported on Monday. In addition, several …
Cairo – Mubasher: Suez Customs issued clearance for 261 vehicles at a total value of EGP 46.22 million during June. A total of 239 passenger cars and three disability cars at a value of 39.418 million have been released, according to a statement …
Cairo – Mubasher: The Egyptian Customs Authority collected EGP 3.052 billion in customs duties, taxes, and other charges at Port Said during June. The total value of taxes and customs duties collected for imported goods at Port Said amounted to …
Cairo – Mubasher: Alexandria Customs collected EGP 3.9 billion in customs duties, taxes, and other charges during June. The total value of taxes and customs duties collected for imported goods at Alexandria port reached EGP 614.545 million during …
Cairo – Mubasher: Alexandria Customs collected total taxes of EGP 1.167 billion for issuing customs clearance for cars and spare parts at a combined value of EGP 3.905 billion in June, head of the Egyptian Customs Authority Kamal Negm said. The …
Cairo – Mubasher: The Egyptian Tax Authority decided to extend the decision of unfreezing assets in tax disputes until the end of September. This move is part of the government’s efforts to relieve the impact of the coronavirus (COVID-19) pandemic …
Cairo – Mubasher: The Egyptian parliament approved a draft law for waiving late payment interest and penalties on taxes, including value-added taxes (VAT), the Middle East News Agency (MENA) reported on Sunday. Under the law, 90% of the fees will …
Riyadh - Mubasher: Saudi Arabia’s decision to triple the value-added tax (VAT) on all applicable goods and services in commercial markets from 5% to 15% comes into effect on Wednesday, 1 July, announced the General Authority of Zakat and Tax …
Riyadh - Mubasher: Saudi Arabia's newly-adjusted value-added tax (VAT) will come into effect as of 1 July 2020, Saudi Customs announced through its Twitter page. The new VAT, which was tripled to 15% from 5%, will be imposed on e-commerce …
Cairo – Mubasher: Egypt will not impose any new taxes on consumer products whether those sold through electronic platforms or conventional outlets, minister of finance Mohamed Maait said. The goods sold through e-commerce platforms are subject to …
Cairo – Mubasher: The Egyptian Ministry of Finance said that the new income tax law will be applied starting from the beginning of next July. The new law applies to the income generated from commercial, industrial, and professional activities as …
