Egypt: Egypt Moves to Exempt Key Commodities from Freight Value Added Tax

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英文名称：

Egypt: Egypt Moves to Exempt Key Commodities from Freight Value Added Tax

工作单位：

FAS Office of Agricultural Affairs, Cairo

来源地址：

https://www.fas.usda.gov/data/egypt-egypt-moves-exempt-key-commodities-freight-value-added-tax

关键词：

Grain and Feed;  Corn;  Wheat;  Oilseeds;  Soybeans;  Sugar;  Exporting;  Regulations and Requirements;  Grain and Feed;  Corn;  Wheat;  Oilseeds;  Soybeans;  Sugar;  Africa and Middle East;  Egypt; 

年份：

2020

出版地：

Washington, DC, USA

语种：

English

摘要：

On November 18, 2020, the Egyptian Cabinet approved a draft bill that exempts importers of key commodities from paying value-added tax (VAT) on shipping costs. The legislative amendments to the VAT Tax Act are expected to remove taxes paid on freight costs for grains, legumes, table salt, and spices. If implemented, the previous tax policy could have disrupted agricultural commodity exports to Egypt, and place U.S. origin at a competitive disadvantage in the Egyptian market.