The Egyptian Tax Authority (ETA) has denied media reports claiming a dispute between the government and oil companies over the application of the value-added tax (VAT) on crude oil, as per a statement.

Philip Morris Egypt has updated the prices of its cigarettes and heated tobacco products, following the most recent price increase that officially took effect in the Egyptian market.

The Ministry of Finance is working on accelerating the process of refunding the value-added tax (VAT) at all the country’s offices under the new tax facilities package, Deputy Minister of Finance Yasser Sobhi said on the sidelines of the General Organization for Export and Import Control’s (GOEIC) first annual conference.

The House of Representatives has adopted a government-drafted amendment to the value-added tax (VAT) law No.67 of 2016, under which an additional tax on local tobacco products is imposed.

The Egyptian House of Representatives has given its final approval on the draft law submitted by the government to amend some provisions of the Value-Added Tax (VAT) Law No. 67 of 2016.

Google announced that it will impose a 14% value-added tax (VAT) on its services in Egypt in compliance with the Egyptian laws starting July 1st.

This decision comes after Prime Minister Mostafa Madbouly confirmed last week the availability of medicines and medical equipment as well as a secure reserve in the country.