- 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"
- Guidelines for VAT Refund Requests by Egyptian Tax Authority: Key Requirements and Procedures
- Egypt’s 2025 VAT Law Amendment: Transforming Construction Taxation and Financial Dynamics
- Egyptian Tax Authority Enforces New E-Receipt Rules in Phase 8 Rollout Starting September 2025
- Egypt Amends VAT Law: Changes in Tax for Cigarettes, Alcohol, Construction, and Exemptions
- Update – Egypt VAT Law Changes for Crude Oil, Advertising and News Agency Services, and Construction Services
