Cairo in Jan25,2022
The Egyptian Tax Authority received the delegation of the Egyptian-African Businessmen Association chairman Dr. Yousrey Elsharkawi and the accompanying delegation, M. Hussein Al-Ghazawi, Chairman of the Energy Committee, and M. Magdy Fanous, Head of the Planning and Follow-up Committee. The International Agreements Sector, in the presence of the heads of the sectors of value-added, income, computer, media, research and information technology
The meeting’s agenda came as a continuation of the purposeful and positive societal dialogue that serves the orientations of the Egyptian state and achieves the desire of the financial and business community and discusses aspects of cooperation in reaching optimal and effective solutions in most public tax problems and how to reach an integrated and consensual tax system that achieves the qualitative leap required for all parties to the system In light of the application of modern and electronic mechanisms and the introduction of digitization within the tax system
Dr. Yousrey Elsharkawi gave a general presentation on the general tax problems, which were collected from more than 200 businessmen, women and entrepreneurs who are members of the association. Several points related to tax fees for the services of the value-added declarations website were discussed, as well as the discussion of the value-added tax on the issue of the order related to completing a circle The issue and its exemption in shipping and transportation, and emphasizing the possibility of clarifying this important point, as well as the problems of examining major factories in areas such as the 10th of Ramadan and 6 October, and problems related to inspections and arbitrary assessments, and the transfer of the file to more than one examiner, which hinders time periods and complicates tax calculations. Some problems were encountered in The value-added tax in the period between registration and application and the fall of some periods and how to find solutions to complex problems of this type until things are set right
In his presentation, Elsharkawi completed the mechanisms, foundations, themes, theses and ideas that must be taken from the perspective of the private sector to improve the level of the required tax system, declaring the association’s strong desire to contribute seriously to the processes of developing Egypt’s tax performance to serve the general goal, which will of course be reflected on all goals and achieve ambitions, both on the The level of raising tax revenue and reducing the budget deficit in balance with raising the rates of GDP in the direction of inclusive sustainable growth, as well as maintaining export mechanisms and the vision of the private sector in the indirect tax role in attracting foreign investment
It was agreed that there would be intense cooperation in the next stage with the Authority regarding the optimal development of the Authority’s new website, in which the research and development sector had come a long and distinguished way and it was in its final stages, as well as coordination with the Authority’s media sector to cooperate in a tax advisory awareness media system with more than A language in a long plan with multiple goals and in different languages to link the Egyptian tax community with the African and international community, and this will achieve a great impact for Egypt.