Head of the Tax Authority Mahmoud Mohamed Aly said that the tax center built for large taxpayers is a model for future centers in all tax districts.

In his address to a people’s assembly committee...

Head of the Tax Authority Mahmoud Mohamed Aly said that the tax center built for large taxpayers is a model for future centers in all tax districts.   In his address to a people’s assembly committee on budget and planning under the chairmanship of Ahmed Ezz, Mr. Aly explained that taxation is divided into two systems which are geographic and generic.  He said the new taxpayer center for large taxpayers is meant to streamline taxation using cutting edge technology where business is usually intricate and multifold. Around 30 to 40 tax centers are being set up to facilitate communication among taxpayers and the tax authority.  Up till May 2006, over 673 disputes have been resolved and 125 tax returns have been sampled.  Advisor to the Minister Seif Katari said that unification of the tax law has found interested parties in the Arab world.  Seif Katari explained that the Egyptian tax system depends on merging the sales and tax departments, self assessment and dividing taxpayers into three brackets.  Mr. Katari said that the International Monetary Fund has had an input in view of its diverse experiences.  116 coutnries have merged the tax departments.  Egypt will complete the merge in two years. (source: ministry of finance)