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Uber agrees to pay VAT in Egypt: tax chief

Tuesday 19 February 2019 11:33 AM

Tax Authority.
Tax Authority.


Reuters:
Uber has agreed to pay value-added tax on its services in Egypt, Egyptian officials said on Monday, a move that may help resolve a long-simmering feud with traditional taxi drivers.
The agreement would also apply to other ride-hailing companies, the head of the Egyptian Tax Authority, Abdel Azeem Hussein, said, although Uber’s main rival Careem said it was already paying value-added tax (VAT) in Egypt, where the rate is set at 14 percent.

“Reaching an agreement and determining the tax treatment that will be applied to the company Uber and other companies operating in the same area will enhance confidence and cooperation between the authority and the tax community,” state news agency MENA quoted Hussein as saying.

Uber Egypt was not immediately available for comment.




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