- Egypt’s House of Representatives approved amendments to VAT Law No. 67 of 2016 on 29 June 2025
- The amendments aim to broaden the tax base and improve fiscal sustainability without changing the VAT rate or exemptions for essential goods
- Crude oil is now subject to a 10 percent schedule tax, while petroleum products remain exempt
- Advertising and news agency services are now subject to the standard 14 percent VAT rate
- Construction services move from a 5 percent schedule tax to the 14 percent standard VAT rate, allowing full deduction of input VAT
- Administrative and commercial real estate units in malls or business centers incur a 1 percent levy, while non-commercial areas remain exempt
- Starting November 2025, tobacco products will see a 12 percent annual price increase over three years, with a fixed excise increase of EGP 0.50 per pack
- Alcoholic beverages will transition to a tiered fixed-rate tax based on alcohol content
Source: regfollower.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.
