Starting from the first of next July, Egypt will start applying the value-added tax to companies that provide advertising and marketing services. The companies that will be subject to this tax include “Google”, “Facebook”, “YouTube”, “Netflix” and “Tik Tok”, as well as electronic sales platforms.
Google's message to its users revealed that the value-added tax has started to be applied to its electronic services in Egypt at a rate of 14 percent. The order includes all non-resident companies in Egypt that provide advertising and marketing services, as they must register with the tax authority and collect the value-added tax on the services they provide to persons who are not registered for tax, which are all the services they provide in return for money. As for free services, they will not be affected by VAT.
Source (Al-Arabiya.net Website, Edited)
