The Egyptian Cabinet approved a draft law that cancelled the exemption of natural gas from the value-added tax (VAT), making it subject to a table tax of EGP 20 per 1,000 cubic feet (cf). This comes as part of a wider...
The Egyptian Tax Authority (ETA) stated that there is no truth to reports of disputes between the government and oil companies over the new value-added tax (VAT) law, confirming that the law is clear and a full agreem...
The Egyptian Tax Authority (ETA) announced limited amendments to the Value Added Tax (VAT), introducing a 10% tax on crude oil. Meanwhile, this tax will not affect the price of local petroleum products, according to a...