Head of the Egyptian Tax Authority Ashraf al Araby has announced their will be no concessions over tax arrears and called on narrowing viewpoints between taxpayers and the tax authority over disputes....

Head of the Egyptian Tax Authority Ashraf al Araby has announced their will be no concessions over tax arrears and called on narrowing viewpoints between taxpayers and the tax authority over disputes.El Araby said that expediting the end to a dispute is of the essence and based primarily on eliminating any deviancy from the tax authority in return for confession of evasion on the part of the taxpayer over the adjacent period. In a meeting with the press, El Araby explained that a significant plan of action will be in place to set five sectors including first category taxpayers, including banks, to discuss with their deputies among accounting firms over proposals to end disputes.‏El Araby affirmed that their will be no going back on rules allowing leniency or tax pardons.He said the tax authority is reviewing further facilities to encourage rapid tax settlement. He said that a study is underway to merge the tax authorities in an effort to update the tax authority.  The system will included incentives allayed to target achievement.‏  He said the authority will attempt to prepare a tax return to be revised by the taxpayer. He noted that the forthcoming stage will focus on preparing the taxpayer to be able to have a tax plan ahead of the annual tax due date; as well as upgrading the tax system and tax community in line with the approximate number of the taxpayers. (source :Al-ahram)