Egypt’s House of Representatives granted final approval on Tuesday to a draft law amending the Value Added Tax (VAT) law, significantly reducing the tax on medical devices to 5% while subjecting natural gas to a new schedule tax. During a plenary session chaired by Speaker Hesham Badawy, the parliament passed the legislation, which contains three [...] The post Egypt’s parliament approves VAT law amendments, cuts medical device tax to 5% first appeared on Dailynewsegypt .
