Post by account_disabled on Mar 14, 2024 2:19:28 GMT -6
Individuals whether employees or final consumers and commercial companies registered in Egypt. What is the concept of direct taxes and indirect taxes The concept of taxes varies depending on the methods of paying them and paying them to the tax system in the country and they are divided into two types First Direct Taxes Direct Tax These are taxes imposed on individuals or institutions by the Tax Authority which are paid by the persons or institutions directly to the government that imposes them without the intervention of an intermediary between them.
This type includes income tax property tax and profits and employment tax. What are the advantages of direct tax The advantage of this type is that the person on whom the tax was imposed cannot transfer BTC Database ES it to another person or entity. Rather the person company or institution subject to the tax system in Egypt is responsible for paying the tax directly to the government. Second Indirect Taxes Indirect Tax It is a tax imposed on persons companies or institutions which is paid to the government through an entity other than the entity on which the tax is imposed. It is paid by the producer of the commodity the store owner or the retailer and it is calculated on the final consumer as part of the price of the product commodity or retailer.
Service and therefore the final consumer is the one who bears the burden of this tax in exchange for obtaining the good or service. Read more about E commerce in Egypt This type of tax in Egypt falls under sales tax value added tax and customs duties. What are the advantages of indirect tax Tax liability Service providers or goods sellers are obligated to pay indirect tax to the government and it is calculated on the final consumer as part of the value of the good or service provided. Obligation to pay and inability to evade paying the tax Evading the payment of indirect tax is extremely difficult.
This type includes income tax property tax and profits and employment tax. What are the advantages of direct tax The advantage of this type is that the person on whom the tax was imposed cannot transfer BTC Database ES it to another person or entity. Rather the person company or institution subject to the tax system in Egypt is responsible for paying the tax directly to the government. Second Indirect Taxes Indirect Tax It is a tax imposed on persons companies or institutions which is paid to the government through an entity other than the entity on which the tax is imposed. It is paid by the producer of the commodity the store owner or the retailer and it is calculated on the final consumer as part of the price of the product commodity or retailer.
Service and therefore the final consumer is the one who bears the burden of this tax in exchange for obtaining the good or service. Read more about E commerce in Egypt This type of tax in Egypt falls under sales tax value added tax and customs duties. What are the advantages of indirect tax Tax liability Service providers or goods sellers are obligated to pay indirect tax to the government and it is calculated on the final consumer as part of the value of the good or service provided. Obligation to pay and inability to evade paying the tax Evading the payment of indirect tax is extremely difficult.