Opening up more to the business community, and enhancing effective communication between revenue authorities, individuals and companies.

• We seek to lay the foundations for clearer, more realistic, more flexible and targeted tax policies to satisfy investors during the next stage.
• We are working on developing the tax policy strategy document “2024/2030” and completing it as soon as possible, to raise it for real societal dialogue.
• The taxpayer is a true partner of the Egyptian Tax Authority. We are keen to protect his rights and support him until he expands and exports.
• We aim to achieve tax stability to push forward investment flows within the framework of increasing economic growth rates.
• We are one team that complements each other. We work on ongoing self-evaluation of our situations.
• I thank my colleagues in the previous government, Dr. Maait and Dr. Abu Aish for what they have accomplished. We hope to be able to serve the country and the people.
• Pursuance of the development and mechanization of the tax system, and continuing what we have accomplished in the electronic invoice and electronic receipt.
• Development and reform are an ongoing and permanent process. We strive with the utmost sincerity to make reforms.
• If there is a need for legislative amendments in the interest of taxpayers, we will take a step in this regard immediately.
• Creating a good competitive climate for investment based on an advanced tax system.
• We are keen to compete regionally, keep pace with international developments, and deal with their challenges.
• Cooperating with international institutions in the process of ongoing development of the tax system.

Sherif Al-Kilani, Deputy Minister for Tax Policies:         

• I learned closely about the challenges taxpayers face, and we will work together to overcome them.
• Speeding up disputes helps attracting more investments.
• Comprehensive digital transformation contributes to the integration of the informal economy.

Dr. Hisham Al-Hamwi, Chairman of the Conference:

• All appreciation to the Minister of Finance for his keenness to listen to the views of the tax community, pledging to joint positive action until these views come into effect.
• Through effective dialogue, we are to overcome all challenges and achieve our goals for the public good.
• Referring all recommendations and proposals to the relevant officials of the Tax Authority.

 

 

Ahmed Kouchouk, Minister of Finance, confirmed that “we aim to achieve tax stability, to push forward investment flows within the framework of increasing economic growth rates, explaining that we are working on developing the Tax Policy Strategy Document “2024/2030” and completing it as soon as possible to raise it for real societal dialogue, as we seek to lay the foundations for clearer, more realistic, more flexible and targeted tax policies to satisfy investors during the next phase. We are one team that complements each other, and we work on ongoing self-evaluation of our situations. The taxpayer is a true partner of the Egyptian Tax Authority. We are keen to protect his rights and support him until he expands and exports.

 

“We are seeking a major qualitative leap in the path of improving the relationship between the Tax Authority and the business community and consolidating bridges of trust” said Kouchouk, pointing out that the next stage will witness greater openness to the business community, and enhancing effective communication between revenue authorities, individuals and companies.

 

“I thank my colleagues in the previous government, Dr. Mohamed Maait, the former Minister of Finance, and Dr. Ihab Abu Aish, the former Deputy Minister for Treasury Affairs. We hope that we also will be able to serve the nation and the people,” added Kouchouk, asserting the pursuance of development and mechanization of the tax system and the continuation of what we have accomplished in the electronic invoice, electronic receipt, etc.

 

The Minister added: “Development and reform are an ongoing and permanent process. We strive with utmost sincerity to make reforms. If there is a need for legislative amendments in the interest of taxpayers, we will take a step in this regard immediately in order to create a good competitive climate for investment based on an advanced taxation system”. He also pointed out that: “we are keen to compete regionally, keeping pace with international developments, and dealing with their challenges, taking into account the importance of cooperation with international institutions in the path of continuous development of the tax system.”

 

Sherif Al-Kilani, Deputy Minister for Tax Policy, said that he learned closely about the challenges facing taxpayers, and that we are to work together to overcome them, pointing out that the Ministry believes that quickly resolving disputes helps attract more investments, and that comprehensive digital transformation contributes to integrating the informal economy.

 

Dr. Hisham Al-Hamawy, Chairman of the Annual Scientific Tax Conference of the Egyptian Society for Public Finance and Taxation, confirmed that: “With effective dialogue between all parties of the tax system, we are to overcome all challenges and achieve the goals for the public good, the State and the tax community. The tax system is one of the basic pillars stimulating investment” expressing his appreciation to the Minister of Finance for being keen to listen to the views of the tax community, pledging to joint positive work until these views come into effect. In this context, all recommendations and proposals issued by the conference to be referred to the competent officials of the Tax Authority, for study.