Finance Minister Mohamed Maait issued a resolution amending some provisions of the executive regulations of the value-added tax (VAT) law, according to a statement by the finance ministry on January 12th.
The executive regulations of the VAT law specify the procedures for suspending the payment of the tax due on machinery and equipment imported from abroad or purchased from the local market for use in factories.
Source: zawya.com
Latest Posts in "Egypt"
- No Paper Invoices Accepted for VAT Refund Requests from July 1, 2023, Says Tax Authority
- ‘Revised Rules’ Now Mandatory on Proofs of Origin for Exports from EU to Egypt Only
- Briefing document & Podcast: E-Invoicing & E-Reporting in Egypt
- Egypt Mandates Electronic Invoice Verification for Factoring Finance Under New FRA Regulations
- ETA: No VAT Refunds if Tax Already Treated as Business Cost to Prevent Double Benefit














