- New episode of the program discusses amendments to the Value Added Tax Law 157
- Guest is Dr. Mohsen El-Geyar, Director of the Integrated Communications Center
- The episode covers recent changes in the VAT law
- The VAT is an indirect tax imposed on goods and services
- Goods and services are divided into exempt and taxable categories
- Not all goods and services are subject to the same tax rate
- Law 67 of 2016 introduced VAT replacing sales tax
- VAT standard rate is 14 percent
- Some goods are subject to different rates under a special schedule
- Examples include professional services and certain goods like cigarettes and petroleum products
Source: youtube.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.
