- Egypt’s Finance Ministry issued two decrees to facilitate VAT compliance and support taxpayers.
- The first decree amends VAT Law regulations, expanding deductible indirect inputs to include financing and construction costs.
- The second decree introduces a new accounting framework for VAT on contracting and construction agreements started before Law No. 157 of 2025 but continuing after its enforcement.
- The VAT payment suspension period for dismantled production lines has been extended.
- These measures aim to simplify tax procedures, increase transparency, and foster a more investment-friendly environment.
Source: zawya.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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