Egypt
VAT exemptions, extended payment suspension introduced in new tax facilitation package
DailyNewsEgypt · about 1 month ago
Egypt's tax authority announced a new facilitation package that reduces the VAT rate on medical devices to 5%, fully exempts inputs for kidney dialysis equipment, extends VAT payment suspension up to four years for industrial machinery, and exempts transit services under customs supervision. It also standardizes the 14% VAT rate on soap and industrial detergents for household use, allowing input deductions. These measures aim to support healthcare, manufacturing, and transit trade.
