taxation
Tax-free no more: Saudi Arabia, UAE to roll out VAT in 2018
Middle East
December 28, 2017
Tax-free no more: Saudi Arabia, UAE to roll out VAT in 2018
Saudi Arabia and the United Arab Emirates, which have long lured foreign workers with the promise of a tax-free lifestyle,…
In blow to UK, EU rejects leeway for financial traders from tax avoidance rules
Business
December 6, 2016
In blow to UK, EU rejects leeway for financial traders from tax avoidance rules
Most European Union finance ministers on Tuesday rejected a British-backed plan to exempt financial traders from new rules aimed at…
Administrative court adjourns appeal against VAT to Nov. 6
Egypt
October 24, 2016
Administrative court adjourns appeal against VAT to Nov. 6
An appeal against a new Value Added Tax (VAT), which was introduced in a recent law, has been postponed to…
‘Times are changing, pay your taxes’, euro zone chief tells corporations
Business
September 11, 2016
‘Times are changing, pay your taxes’, euro zone chief tells corporations
Multinational companies should refrain from tax-avoidance practices and pay their fair share, the head of euro zone finance ministers said…
Sisi ratifies law replacing sales tax with VAT
Business
September 9, 2016
Sisi ratifies law replacing sales tax with VAT
President Abdel Fattah al-Sisi has ratified the new law on Value Added Tax (VAT), according to a report in The…
Egypt’s cabinet approves draft tax settlement bill amid IMF talks
Business
August 11, 2016
Egypt’s cabinet approves draft tax settlement bill amid IMF talks
Egypt's government approved a draft bill that would settle tax disputes, the cabinet said in a statement on Wednesday, a…
Egypt cabinet approves long-awaited VAT bill
Business
May 17, 2016
Egypt cabinet approves long-awaited VAT bill
Egypt's cabinet approved "in principle" a long-awaited value added tax (VAT) bill and will refer it to the Council of…
25.2% rise in tax returns in Jul-Oct 2015: Finance Ministry
Business
January 4, 2016
25.2% rise in tax returns in Jul-Oct 2015: Finance Ministry
Tax returns saw a 25.2 percent increase between July and October 2015, according to a monthly report by the Finance…
NGO provides online tool for income tax calculation
Egypt
September 20, 2015
NGO provides online tool for income tax calculation
An NGO has developed an online tool for the instant calculation of income taxes and how their returns are redirected…
Egypt, Jordan negotiate anti-double taxation agreement
Egypt
June 2, 2015
Egypt, Jordan negotiate anti-double taxation agreement
Hussein Ahmed al-Far, chairman of the Central Department for International Agreements at the Egyptian Tax Authority, said Egypt and Jordan…