The business community will feel a good and extended relationship of "trust, partnership and certainty" with the Tax Authority

We have restored the inspection system by sample for everyone We launched the "electronic clearing" experimentally, to establish trust in and facilitate for our partners

The integration of the informal economy will begin gradually as the tax reality changes for the better with a great deal of support for small, medium and large taxpayers

We aim to make good profits for investors in a clear framework of rights and obligations that establishes a successful partnership with the Tax Authority

The initiative of the Tax Authority to correct some administrative decisions and instructions is the most significant message of confidence for the financial and business circles with a serious desire to advance the investment movement

New facilities for the real estate customs and tax system to facilitate for citizens and investors

We believe in the role of the private sector and its ability to increase production and lead growth, and we will work to stimulate it and increase its role and contributions to the Egyptian economy

Significant coordination with the Minister of Investment and Foreign Trade to reduce fees, unify collection agencies and deal with investors

We have seen an increasing demand for "partnership with the private sector" projects in the service sectors and new and renewable energy in light of placing a limit for public investments of the State

We aim to increase spending on investment in human development and social protection and expand programs to stimulate and support productive activities

The simplified tax system reflects a deep understanding of the importance of supporting entrepreneurship projects and digital exports

Our service exports of information technology are growing, and it is more viable and worth stimulating

Export program for the next fiscal year will be ambitious and contribute to increasing the volume and diversity of exports and entering new markets

We are working to quickly launch flexible and balanced initiatives to pay the late export obligations of companies

«Medium-term budgetary framework» helps to push the path of transformation to «programs and performance» to raise the efficiency of spending and the ability to improve public services

Committed to national dialogue with various segments of society, especially youth, to enrich our efforts in achieving our priorities and goals for the benefit of citizens, investors and the Egyptian economy

 

 

 

Minister of Finance, Ahmed Kouchouk, confirmed that the tax services will improve a lot with the full implementation of the first package of tax facilities before the end of the current fiscal year, explaining that the business community will feel the start of a good and extended relationship of "trust, partnership and certainty" with the Tax Authority.

 

In his meeting with the parliamentary body of the Republican People's Party in the Administrative Capital, the Minister said that we have restored the sample examination system for all taxpayers in various tax centers, offices and areas, and we have experimentally launched the system of "electronic central clearing" between their dues and debts with the government, to establish confidence in our partners, facilitate them, and provide them with cash liquidity.

 

He added that the integration of the informal economy will gradually begin as the tax reality changes for the better with a great deal of support for small, medium and large taxpayers, pointing out that we aim to achieve good profits for investors within a clear framework of rights and obligations that establishes a successful partnership with the Tax Authority.

 

The Minister explained that the initiative of the Tax Authority to correct some administrative decisions and instructions is the most significant message of confidence for the financial and business circles with a serious desire to advance the investment movement, pointing out that there will be new facilities for the customs and real estate tax system to facilitate for citizens and investors.

 

He stressed that we believe in the role of the private sector and its ability to increase production and lead growth, and that we will work to stimulate it and increase its role and contributions to the Egyptian economy, explaining that there is great coordination with the Minister of Investment and Foreign Trade to reduce fees, unify collection agencies and deal with investors.

 

The Minister said that we have seen an increasing demand for "participation with the private sector" projects in the service sectors and new and renewable energy in light of the establishment of placing a limit for public investments of the state, stressing that we aim to increase spending on investment in human development and social protection and expand programs to stimulate and support productive activities.

 

He added that the simplified tax system reflects a deep understanding of the importance of supporting entrepreneurship projects and digital exports, taking into account that our service exports of information technology are growing, and that this is more viable and deserves stimulation, pointing out that the export program for the next fiscal year will be ambitious and contribute to increasing the volume and diversity of exports and entering new markets, and that we are working to quickly launch flexible and balanced initiatives to pay the late export burdens of companies.

 

The Minister pointed out that the "medium-term budget framework" helps to push the path of transition to "programs and performance" to raise the efficiency of spending and the ability to improve public services provided to citizens, explaining that we are committed to national dialogue with various segments of society, especially young people, to enrich our efforts in achieving our priorities and goals for the benefit of citizens, investors and the Egyptian economy.

 

The meeting was attended by: Sherif El Kilany, Deputy Minister for Tax Policies, Ahmed Abdel Razek, Permanent Undersecretary of the Ministry of Finance, Ramy Youssef, Assistant Minister for Tax Policies and Development, Rasha Abdel Aal, Head of the Egyptian Tax Authority, Wafaa Moussa, Advisor to the Minister for Parliamentary Affairs and Political Communication, Major General Mohamed Salah Abu Humaila, Secretary General and Chairman of the Parliamentary Commission of the Republican People's Party, Amal Abdel Hamid, Secretary of the Central Women's Secretariat, Dr. Zaher Mohamed El Shaqqiri, Secretary of the Central Planning and Development Secretariat, Ilaria Samir Harris, Assistant Secretary of the Central Youth Secretariat, Dr. Nevin Mahmoud Bassiouni, Assistant to the Secretariat of Public Relations and Central Protocols, Mustafa Mohamed Helal, Member of the Coordination of Party Youth and Politicians, and Khaled Yousry Shaaban, Member of the Coordination of Party Youth and Politicians.