October 18 2023

Egypt, Tax Authority Allows Expense Deduction for E-Commerce Taxpayers

Source: IBFD Tax Research Platform News

The Egyptian Tax Authority (ETA) has authorized e-commerce taxpayers to deduct certain expenses from annual income. This authorization is set out in a directive in which the following items are listed as deductible:

  • 25% of rental costs;
  • 75% of Internet invoices; and
  • 20% of electricity invoices.

The directive also specifies that taxpayers can benefit from this deduction if they carry on e-commerce activities from their homes.