Latest in Tag: taxes Highlight
Latest in Tag: taxes
Finance Minister denies reports of new taxes on economic activities
We are keen on stabilizing tax policies despite harsh global economic challenges: Maait
NBE, BM achieve profits of EGP 102.6bn before taxes within 18 months
The statements also indicated that NBE achieved net profits after taxes of EGP 29.7bn, as the bank paid EGP 36.3bn in taxes to the state treasury.
Companies operating with interim permits to be exempted from customs, taxes temporarily: Maait
New incentives contribute to supporting national industry, creating job opportunities: Finance Minister
New tax facilitation in pipeline for SMEs: Trade Minister
MSMEs exempted from stamp tax, documentation fees, while custom duties on machinery, equipment reduced from 5% to 2%
Finance Ministry urges taxpayers to promptly settle tax disputes before year-end
Vice Minister of Finance for Appeal Committees and the Dispute Resolution Committees, Hesham El-Hamawy, called on taxpayers who have tax disputes with the Egyptian Tax Authority, to promptly submit requests to end the disagreement. El-Hamawy said that the deadline for accepting tax dispute settlement requests will extend to 31 December. He confirmed that Law No. …
No new taxes on consumer goods purchased online, in shops: Finance Minister
Maait issues decision to establish unit to follow up on tax collection for T-Bill and bond returns
Government decision regarding stock exchange taxes awaited by EGX
Global, local stock exchange losses, halting transactions will likely trigger panic selling
“We want to impose the government’s right to collect taxes, without unfairness”: Finance Minister
Moeit added during his meeting with the leaders of the Egyptian Tax Authority that the authority should set a strong foundation of trust with taxpayers and provide all the necessary facilities to stimulate the investment environment.
Finance Ministry seeks to impose taxes on Facebook ads: Moeit
“We asked government to send e-commerce draft law for discussion, to be ready by November,” says MP
T-Bills, Bonds investors pay EGP 36.12bn in taxes in 9 months
Government borrows EGP 1.827tn using debt instruments in 2018, EGP 473.75bn in Q1 of 2019
IMF’s mission to conclude by new subsidy cut, no taxes, job creation
The International Monetary Fund’s (IMF) delegation has arrived in Cairo on Monday to conduct the sixth and final review before disbursing the last $2bn tranche of a $12bn extended fund facility. The visit lasts for 10 days, in which the IMF’s delegation will hold meetings with the leaders of the ministry of finance to discuss …
Egypt collects assessed taxes of EGP 85m in Q1 of FY 2018/19: RETA
Assessed taxes collected from Disney events in Egypt reached EGP 1.5m, says Hussein
Real estate taxes stir controversy among property owners, industrialists
The topic of real estate taxes is one of the topics that have witnessed great controversy during the last period due to the refusal of the manufacturers and owners of the units to pay the taxes, calling on the government to cancel or postpone them. Hence, the Federation of Egyptian Industries and the chairperson of …
ETA will not accept any cash payments over EGP 5,000 starting January 2019: ETA deputy
Mohammed Abdul Sattar, deputy head of the Egyptian Tax Authority (ETA), said that the coming period will see a big boom in the reform of the tax administration, the automation of all checks and payments, and the submission of declarations, allowing the preparation of an integrated database of financiers. Abdul Sattar said that as of …
Egyptian parliament approves a draft law to increase taxes on tobacco
Based on the amendment, cigarette prices will increase by 3.5 to 6.5 EGP
It is not true that the IMF demanded imposition of incremental taxes: Finance Minister
There is a plan to reduce debt from GDP
Government to cut taxes on low-income employees by EGP 7bn in next budget
Tax deduction of about 80% for low-income and 40% for middle-income
NBE, Banque Misr extend working hours to collect taxes electronically
59 branches of NBE work until 5.00pm, 75 branches of Banque Misr work until 7.00pm to help financers repay required amounts
Planning and Budget Committee approves amendments on Article 120 on taxes
The committee discusses modifying tax rates Wednesday, sources say
Opinion: Apple, taxes, and just punishment
The European Commission is aggressively pursuing tax avoidance and illegal tax advantages for individual companies. That’s good for ordinary people, writes Bernd Riegert.
German cities bemoan loss of taxes from VW
Volkswagen HQ in Wolfsburg isn’t the only place where the consequences of the dieselgate scandal are being felt. Cities that host VW’s production facilities must also rejigger their budgets as VW pays fewer taxes.
Joint ministerial committees to discuss taxes, subsidies, indebtedness auditing: Kouchouk
Decline in world oil prices saved EGP 27bn worth of fuel subsidies in last year’s budget
Taxes will not increase, methods for tax collection will be modified: Finance Minister
Rumours that taxes for citizens will increase are not true, only methods will change in order to fight tax evasion, says minister
14 banks among Egypt’s top taxpayers for this season: head of Large Taxpayer Center
For the current tax season 2015/2016, 14 banks came among Egypt’s top taxpayers, according to Osama Tawakol, head of the Large Taxpayer Center at the Egyptian Tax Authority. Tawakol said the 22 names on the list include 14 banks, two telecommunications companies, and five petroleum and petrochemicals companies. He added that the Commercial International Bank …
Expected regulations to resolve tax disputes
Government’s FY 2016/2017 budget draft estimates tax revenue of EGP 35bn from VAT and EGP 2.4 from property tax
Egypt discusses tax reforms in IMF-World Bank meetings
Egyptian delegation agreed with IMF officials to cooperate in studying methods to enforce VAT law
NBE, Banque Misr extend working hours to enable electronic payment of taxes, customs
These branches will remain open until 5pm in the period from 27 to 31 March and from 24 to 28 April
Banque Misr pays EGP 3.6bn in taxes, achieves highest net profit in its history
The bank’s net profit reached EGP 4.2bn in FY 2014/2015, compared to EGP 2.5bn in 2013/2014, with a 66.3% growth rate after paying EGP 3.616bn in taxes
Reducing taxes in SCZone essential for investment: Analysts
Despite converting the area into an economic zone with a special nature, the 22.5% income tax set by the Ministry of Finance remains a major concern for maritime transportation analysts
122,000 property tax appeals: Finance ministry
Fifth Settlement district paid highest value of taxes, spokesperson says