- Egypt’s amended VAT Law expands the tax base by removing exemptions and revising rates
- The law came into effect on July 18, 2025
- Affected sectors include energy, media, real estate, and construction
- Businesses must assess the impact on operations and compliance
- The law aims to enhance tax efficiency and increase revenue
- Key exemptions have been removed, broadening the VAT base
- Crude oil is now subject to a 10 percent VAT
- News agency services are taxed at 14 percent
- Advertisement services are generally taxed at 14 percent, with some exceptions
- New VAT rates apply to real estate and construction activities
- Trademarks associated with managerial units are taxed at a 10 percent schedule rate
Source: middleeastbriefing.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.
