Value Added Tax
Egypt’s Minister of Finance, Mohamed Maait, issued a decision to add a new paragraph to Article 38 of the Executive Regulations for the Value Added Tax Law.
The protocol comes in implementation of the directives of the finance minister to guarantee tax justice in the application of the law regulating VAT, said Reda Abdel Kader, head of the Tax Authority.
Sale prices of steel rise due to lack of billet and one percent VAT increase.
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