- Amendment Law Issued: On 17 July 2025, Egypt enacted Law No. 157 of 2025, amending the VAT Law No. 67 of 2016, effective from 18 July 2025. This law revises VAT obligations for specific goods and services, including increases in taxes on cigarettes and alcoholic beverages.
- Expanded Tax Base: The law broadens the tax base by subjecting commercial trademarks, crude oil, and certain news and advertising services to VAT, while modifying existing exemptions and tax structures.
- Compliance Required: Businesses must evaluate their VAT obligations and adjust to the new tax regulations to ensure compliance, as the law aims to enhance state revenue and support budgetary needs.
Source EY
