Ihab Abu Eish, Deputy Minister of Finance for Public Treasury Affairs, announced that the website of the Tax Authority will stop starting next Wednesday, July 6, and will return on July 10, saying: “This is because Egypt will have a tax system within 4 days at the highest international levels.” .
Abu Aish indicated, during a discussion of the report of the Plan and Budget Committee of the House of Representatives regarding the Prime Minister’s decision to draft a bill to bypass delays and additional tax, and to renew Law No. 79 of 2016 regarding ending tax disputes, that dealing with the current crisis and the Corona crisis proved that the leadership The political and government had a balanced vision between maintaining economic activity and protecting society from the effects of successive crises, which is reflected in the suffering of some countries as a result of ill-considered decisions.
Abu Aish explained that the law in 2018 and 2020 was in different proportions, and that when setting laws, a balance must be struck between the bad impression that will happen to the obligated and disciplined financier who pays taxes on time, and the financier who wants to wait for decisions to bypass fines and delay benefits, which affects in a way It has a lot to do with tax returns, and it always shows up when such legislation is discussed.”
In a related context, Ramadan Siddiq, Advisor to the Minister of Finance for Legal Affairs, said that the return for the delay results from the delay in paying the tax, and that it is not due for arbitrary estimates, and the financier is not held accountable for the shortcomings of the interest in estimation, pointing out that the return for the delay was first obtained before the origin of the tax, And that the previous parliament amended this matter, and what is taken first is the origin of the tax.”
