US Edition8 Articles
8 Articles
Merchants are preparing new price tags for Tuesday, when VAT will increase from the current 22 percent to 24 percent. In some stores, the new prices are already hidden behind the old ones, and convenience stores will close on Monday evening to change price tags.
General Insurance Corporation Faces VAT Demand from Dubai Tax Authority
General Insurance Corporation Faces VAT Demand from Dubai Tax Authority The General Insurance Corporation of India (GIC Re), India’s national reinsurer, has recently informed the stock exchanges (NSE and BSE) regarding receipt of VAT demand. On June 27, 2025, the company’s Dubai Branch received a Value Added Tax (VAT) demand notice from the Federal Tax […]
Egypt’s parliament has approved a series of changes to the value-added tax (VAT) law, which could lead to a rise in the prices of goods such as cigarettes, alcoholic beverages and crude oil. According to parliamentary sources and confirmed by a government statement, the aim of the measure is to increase tax revenues amid growing pressure on public finances. Specifically, the tax on cigarettes – both domestic and imported – will increase by aroun…
ETA announces targeted amendments to Value-added Tax Law - Dailynewsegypt
The Egyptian Tax Authority (ETA) announced on Sunday a set of limited amendments to the Value-Added Tax (VAT) Law, designed to broaden the tax base, correct market distortions, and strengthen the state’s capacity to finance increased investments in human development. The Authority noted that these changes were introduced in response to recommendations from representatives across […]
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