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Tax Authority, Alexandria Businessmen Association sign cooperation protocol

Businessmen Team news 15 October 2025 01:35 PM
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Tax Authority, Alexandria Businessmen Association sign cooperation protocol

The head of the Egyptian Tax Authority (ETA), Rasha Abdel Aal, announced a new cooperation protocol with the Alexandria Business Association (ABA) following a fruitful and constructive dialogue aimed at streamlining tax procedures and deepening partnership with the business community.

The agreement, signed in Alexandria, implements directives from Finance Minister Ahmed Kouchouk to enhance communication with the private sector across the governorates.

Abdel Aal praised the ABA as one of the authority's most active partners and acknowledged the positive movement in addressing on-the-ground tax challenges. She stated that the ETA and the Finance Ministry are currently preparing a second package of tax facilities, expected to be presented for public dialogue by the end of the current month or early next month, before an official launch early next year.

The second package, which has been presented to the Prime Minister, is set to include significant facilities in tax refund procedures and the simplification of services offered to taxpayers, she added.

Abdel Aal asserted that the first package of reforms had achieved great success and contributed to increased voluntary compliance, allowing the ETA to meet its targets with a 35% growth rate last year without raising tax rates.

She noted that the second package incorporates proposals from the business community during the first public dialogue, aiming to resolve specific issues faced by certain sectors through proposed legislative amendments.

The ETA head emphasized that digital transformation remains a key pillar of the reform process, citing the success of the e-invoicing and e-receipt systems in enhancing transparency and accurately defining the tax base. She said the authority is moving away from traditional assessment methods toward objective systems based on data and smart analysis to ensure fairness.

Mohamed Hanno, Chairman of the Alexandria Business Association, thanked Abdel Aal for the meeting and praised the ETA's recent efforts to simplify procedures.

However, Hanno noted that the business community still faces difficulties with old tax files that require "fair settlement and comprehensive liquidation." He stressed that many general problems could be solved through executive decisions from the ETA head, and affirmed the ABA's readiness to cooperate in providing practical proposals.

Samir El-Delgawy, Chairman of the ABA’s Tax Committee, highlighted the importance of integrating the informal economy to broaden the tax base. He praised the e-invoicing and e-receipt systems for achieving transparency and called for the new protocol to be used to offer practical solutions for tax issues and simplify dealings with the electronic systems.