tax increases
Egypt govt denies further tax increases on cigarettes
Egypt
April 24, 2019
Egypt govt denies further tax increases on cigarettes
The Egyptian Cabinet’s media center on Wednesday denied social media rumors that the government would impose new tax increases on…
FJP slams central bank for dollar rise
Egypt
January 2, 2013
FJP slams central bank for dollar rise
The Freedom and Justice Party’s economic committee head Abdallah Shehata is blaming the Central Bank for the dollar's rise against…
Finance Ministry: tax changes in January 2013
Egypt
December 29, 2012
Finance Ministry: tax changes in January 2013
Finance Minister Momtaz al-Saeed said changes to taxation, including the increased taxes on some goods, will be applied in January,…
Paper: Sales tax hikes on hold for two weeks
Business
December 26, 2012
Paper: Sales tax hikes on hold for two weeks
The government will not implement a series of planned tax increases until it completes a dialogue with different parts of…
Qandil: No upcoming Cabinet reshuffle
Egypt
December 11, 2012
Qandil: No upcoming Cabinet reshuffle
Prime Minister Hesham Qandil denied on Tuesday reports of an upcoming Cabinet reshuffle, stressing that the economic situation has become…
Egypt requests delay of IMF loan approval
Egypt
December 11, 2012
Egypt requests delay of IMF loan approval
Prime Minister Hesham Qandil confirmed that Egypt has requested from the International Monetary Fund a one-month delay in approval of…
In five months, five retreats on major presidential decrees
Egypt
December 10, 2012
In five months, five retreats on major presidential decrees
After five months in power, President Mohamed Morsy has withdrawn five significant decrees. The major decisions that Morsy has made…
Morsy issues broad tax increases, including energy, soft drinks, cigarettes, alcohol
Business
December 9, 2012
Morsy issues broad tax increases, including energy, soft drinks, cigarettes, alcohol
New public tax laws on a broad array of products and services were technically entered into force on Friday, as…
New cigarette taxes irk smokers, retailers
Egypt
July 6, 2010
New cigarette taxes irk smokers, retailers
A 40-percent tax increase was levied on tobacco products this month with the stated aim of reducing the number of…
Tax Authority: Traders must adhere to new cigarette prices
Business
July 4, 2010
Tax Authority: Traders must adhere to new cigarette prices
The Tax Authority has warned wholesale and retail cigarette traders against selling their wares at prices higher than those specified…