- VAT Law Amendments Enacted: Egypt’s parliament approved significant amendments to VAT Law No. 67 of 2016, enacted through Law No. 157 of 2025, which took effect on July 18, 2025.
- Changes to Tax Exemptions: The amendments include the repeal of the general exemption for crude oil, which is now taxed at a 10% excise rate, and for advertising and news agency services, which are now subject to the standard VAT rate of 14% (with specific exemptions for medical advertising).
- Construction Services VAT Rate Adjustment: The VAT rate for construction services has increased from 5% to the standard 14%, allowing businesses in this sector to claim full input VAT credits on related materials and services, provided they meet the necessary conditions for claiming credits.
Source Orbitax
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