Arab Finance: The Egyptian House of Representatives has given its final approval on the draft law submitted by the government to amend some provisions of the Value-Added Tax (VAT) Law No. 67 of 2016, according to a statement.

Accordingly, the tobacco tax system shall be amended to provide the required financial resources.

This move comes within the framework of the government’s efforts to achieve a financial balance in the state’s general budget, maintain the targeted deficit rate, and promote the country’s resources.

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