- The Egyptian Tax Authority confirms that the collection of value-added tax in foreign currency applies only to goods and services paid for in foreign currency by licensed entities.
- The collection of value-added tax in foreign currency is limited to entities licensed to deal in foreign currency.
- The decision does not apply to import operations, and the tax is deducted from input or purchase inputs in the same currency before payment.
Source: facebook.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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