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09 September 2016

Egypt issues VAT Law no. 67 of 2016

Egypt issued VAT Law no. 67 of 2016 on September 7 in the Official Gazette, to be effectively applied from September 8. All local and imported goods and services are subject to VAT except those specifically exempted. Services are defined in the law as any imported or local work done and not classified as goods.

A Tax Alert prepared by Ernst & Young Egypt, and attached below, provides additional details.

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ATTACHMENT

Full text of Tax Alert 2016-1519

Document ID: 2016-1519

 

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