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Egypt’s parliament approves VAT law amendments, cuts medical device tax to 5%

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…

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Click here to read the full story: Daily News Egypt

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