Embattled Japanese conglomerate Toshiba Corp said on Monday it now expects to slide to a net loss …
taxes
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Egypt News
Egyptian Cabinet denies increased cigarette and tobacco prices
by Yomna Yasserby Yomna YasserThe Information and Decision Support Center of the Cabinet denied reports of an increase in the prices …
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Brussels will hit Amazon on Wednesday with a bill for Luxembourg back taxes worth several hundred million …
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Industry & Trade
Egypt to raise tobacco tax revenues by $397.50mn in FY2017/18
by Yomna Yasserby Yomna YasserEgypt is planning to raise its revenues from taxes imposed on tobacco to seven billion Egyptian pounds …
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Tech news
Google wins challenge against 1.1 billion euro French tax bill
by Yomna Yasserby Yomna YasserA French court ruled on Wednesday that Google was not liable to pay 1.1 billion euros ($1.3 …
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The White House on Tuesday will ask Republicans who control the U.S. Congress – and federal purse …
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Egypt’s President Abdel Fattah al-Sisi sought to ease the concerns of Egyptians grappling with rising prices ahead …
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Financial Institutions
IMF backs Egypt plan to remove fuel subsidies in 3 years, ease inflation: official
by Yomna Yasserby Yomna YasserThe International Monetary Fund is encouraged by Egypt’s efforts to remove fuel subsidies within three years and …
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International News
Le Pen says would suspend Schengen within two months
by Yomna Yasserby Yomna YasserFar-right presidential candidate Marine Le Pen said Tuesday that if elected she would immediately suspend France’s membership …
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Real Estate
Egypt’s Real Estate Tax Authority posts 1.5 billion pounds-revenues in Q3-FY17
by nada nasserby nada nasserEgypt’s Real Estate tax authority (RTA) reached total revenues of 1.5 billion Egyptian pounds ($83.1 million) during …