- The Egyptian Tax Authority has issued an Instruction canceling the application of two 2019 Circulars that required certain exported services to be subject to VAT based on the beneficiary’s location being in Egypt, regardless of the recipient’s residency.
- Effective 17 November 2024, the treatment of the specific exported services shall be in line with the provisions of VAT Law No. 67 of 2016 and its Executive Regulations.
- Further guidelines are anticipated to clarify the application of the Instruction to certain tax scenarios between 19 September 2019 and 17 November 2024.
- Taxpayers should consider the provisions detailed in the Instruction and assess the implications on their existing export activities and tax obligations.
Source EY
Latest Posts in "Egypt"
- Egypt’s ETA Chief: E-invoicing, E-receipts Essential for VAT Refunds and Cost Verification
- ETA Chief: E-invoicing, E-receipts Essential for Cost Verification and VAT Refunds
- Egypt Mandates ACI for Air Shipments Starting January 2026: Key Challenges for Exporters
- Egyptian Tax Authority VAT Refund Cases and Procedures
- Guidelines for VAT Refund Requests by Egyptian Tax Authority: Key Requirements and Procedures
