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Egypt Unveils New Tax Relief Package for Businesses, VAT Cuts, and Investment Incentives

  • Introduced a high-compliance whitelist for fast VAT refunds.
  • Enabled recovery of credit balances from tax returns.
  • Reduced VAT on medical devices from 14% to 5%.

Source: news.bloombergtax.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.



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