We use cookies for analytics, advertising and to improve our site. You agree to our use of cookies by closing this message box or continuing to use our site. To find out more, including how to change your settings, see our Cookie Policy

Tax Authority publishes new guides for tax regs for online services and ecommerce

Rules and instructions for tax treatments for content creators, which includes YouTubers, bloggers, and influencers were included in the second guide

By: Business Today Egypt

Tue, Mar. 29, 2022

The Egyptian Tax Authority has issued new tax guides for content creators and those receiving income from online channels to increase awareness.

In a statement issued today by the Tax Authority, Reda Abdel Kader, head of the Egyptian Tax Authority, explained that the first guideline contains rules and instructions of the tax treatment for e-commerce, including marketing and consulting services in all their forms if provided via the Internet, as well as freelancers and e-learning workers.

Rules and instructions for tax treatments for content creators, which includes YouTubers, bloggers, and influencers were included in the second guide.

Abdel Kader added that these new guides have been published on the authority’s website, where they can be downloaded.

Any revenues made from any professions or activity, whether made from delivering the service in Egypt or abroad, as long as the service was conducted in Egypt, becomes taxable stated Abdel Kader.

Abdel Kader said that these guidelines show the tax treatment of each type of activity as well as the tax compliance mechanisms, rights, and obligations of the financiers, in addition to the benefits that financiers could get from being registered in the tax authority, to ensure that financiers have proper awareness.

He pointed out that the Egyptian tax laws do not distinguish between traditional commerce and electronic commerce, as both are equal before the law. It is necessary to adhere to registering with the Egyptian Tax Authority, and then submit tax declarations on their legal dates.

Mahmoud Sakr, Head of the Regions, Centers and Ports Sector, said that with the increase in the volume of electronic commerce, it was necessary to come up with mechanisms from the Tax Authority to keep pace with this development.

For this reason, an electronic commerce unit was established within the authority to assist financiers, by providing them with the necessary awareness and help them register in the Tax Authority, Sakr explained.

Through this, they may voluntarily commit to paying their taxes; the unit also works to collect data and information on electronic commerce that takes place via e-platforms. This unit aims to achieve tax justice and equal opportunities among the different segments of society.

Sakr explained that the e-commerce unit is making intensive efforts to follow-up, communicate and monitor everyone who practices an e-commerce activity by buying or selling products and services, as well as those who create content online.