The Egyptian Tax Authority (ETA) has announced on Monday the tax rate to be imposed on Egyptian YouTubers and Bloggers along with all e-commerce activities.
The ETA announced that YouTubers and Bloggers must register their income with the Authority. The decision has been made to integrate the informal economy into the formal one as well as track all transactions conducted through online platforms.
Tax Rate for Egyptian YouTubers, Bloggers and Online Businesses
Everyone with net income under EGP 15,000 will be exempted from paying taxes. Meanwhile, income ranging from EGP 15,000 to EGP 30,000 will be taxed 2.5 percent: EGP 30,000 to EGP 45,000 will be taxed 10 percent; EGP 45,000 to EGP 60,000 will be taxed 15 percent; EGP 60,000 to EGP 200,000 will be taxed 20 percent; EGP 200,000 to EGP 400,0000 will be taxed 22.5 percent; and income that exceeds EGP 400,0000 will be taxed 25 percent.