
Expected VAT proceedings set at EGP 20-22bn by end of this fiscal year: ETA Head
Head of the Egyptian Tax Authority, Abdel Moniem Matar, said that proceedings from the application of the value-added tax (VAT) are expected to reach EGP 20-22bn by the end of the fiscal year (FY) 2016/2017. During the second financial leasing conference on Tuesday, Matar said that VAT bylaws are expected to come out by the …