Egypt: Increase in taxes on cement and steel
Description
The draft budget for 2010/11 has proposed an increase in sales taxes for cement and steel. A 5% sales tax on cement takes the place of a flat fee of 1.40 Egyptian pounds ($0.247) on a tonne of imported cement and 2.50 Egyptian pounds on a tonne of local cement.
Sales tax on steel has also been increased from 5% to 8%.
Any Evidence-Based Deliberation:
| Question | Result |
|---|---|
| Is there anything in the public record to suggest that evidence of the effectiveness of the proposed measure was considered during official deliberations? | |
| Is there any evidence that alternatives to the proposed measure were considered? | |
| Is there anything in the public record that suggests that empirical evidence informed the comparison across the alternatives available to government? | |
| Was such evidence identified? | |
| Is such evidence publicly available? | |
| Did the official decision-maker in question provide an explanation as to why a chosen measure was favoured over alternatives? | |
| Is there any evidence to suggest that potentially affected trading partners were consulted before the measures were taken? | |
| Is there any evidence that safeguards have been put in place to ensure that implementation of the initiative is transparent and non-discriminatory? | |
| Did the government state its intention to review the measure within one year of implementation? |
Date Discovered:
Implemented: Yes
Date of inception:
GTA Evaluation: Amber
Source:
Government Response:
- 390 reads
