#alcohol tax
Egypt's President Abdel Fattah Al-Sisi has introduced new hefty taxes on cigarettes and alcohol which have taken effect as of July 3, 2014. In the new amendment, imported cigarettes will now face a tax of 50 percent and an added simple tax according to the price of the pack. If the price of the imported cigarettes does not exceed EGP 9.00, then EGP 1.75 will also be added as a single tax. If the price is between EGP 9 and EGP…
