VAT news tagged as "egypt; VAT; GST; implementation; reform"

Egypt

Egypt issues VAT reform plans

April 12th, 2014

Egypt has issued its much-anticipated plans to replace the existing General Sales Tax (GST) with a full Value Added Tax. Economic conditions demand reform The existing GST regime is estimated to cost the economy up to 1% of GDP because of the lack of opportunities for companies to recover GST incurred. In addition it has …