Monday, April 12, 2021

The Tax Authority cooperates with the Federation of Egyptian Banks to spread tax awareness

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Reda Abdel Qader, head of the Egyptian Tax Authority, said that there is fruitful and continuous cooperation between the authority and the Federation of Egyptian Banks, as the authority is keen to spread tax awareness and extend bridges of trust with all parties to the tax community, especially the banking system, the main supporter of the Egyptian economy.

Banque Misr held a seminar for tax awareness regarding the system of electronic returns and tax approval on profits of legal persons for banking activity.

During the symposium, Abdel Qader added that the Federation of Egyptian Banks is constantly communicating with him to discuss issues of concern to this sector in the interest of the national economy.

He explained that what is happening in the tax authority now represents a real revolution and a tremendous legislative and administrative change that will make the tax system in Egypt a huge leap and move it to an advanced position within the advanced economic countries.

He said that the Tax Authority is able, through the development projects it is witnessing, to provide excellent tax services to the financiers to facilitate them, and to urge them to voluntarily commit.

Mohamed Al-Atribi, Chairman of the Federation of Egyptian Banks, thanked the Minister of Finance and the Head of the Egyptian Tax Authority for their support and continuous cooperation in every way with the Federation of Egyptian Banks.

He said that there are very close relations between the Federation of Egyptian Banks and the Tax Authority, and there are always bridges of communication to solve any problems and discuss all tax issues that concern the banking sector, noting the importance of the role of banks in supporting, developing and developing the Egyptian economy.

Mohamed Maher Shehata, an advisor to the head of the Egyptian Tax Authority, said that the tax authority and the banking sector are partners of success in the system of new automated procedures, the first phase of which was applied on the first of last January to each of the Center for Large Funders, the Center for Mediterranean Financiers, and the Center for Senior Free Professions.

He affirmed the tax authority’s readiness to receive any inquiries and respond to them through highly qualified workers, either through the integrated call center on 16395 or through the front office service available in these centers.

Maha Ali, head of the media unit in the tax authority’s office, said that the tax authority appreciates the role of the banking sector in support of the Egyptian economy, appreciates its role in cooperation and coordination with the authority to spread awareness and solve all problems, and is always ready to communicate with all parties to the tax community, especially the banking system.

She added that the Tax Authority holds a series of tax awareness seminars via video conference at the rate of five seminars per week, whether for the electronic filing system that includes all financiers or for the automated tax procedures system, which includes the Center for Large Taxpayers, the Center for Mediterranean Taxpayers and the Center for Senior Free Professions, and these are announced Seminars can be found on the authority’s official page on Facebook, and all information about those seminars can be found through the Integrated Communication Center.

The article The Tax Authority is cooperating with the Federation of Egyptian Banks to spread tax awareness. It was written in the Stock Exchange newspaper.

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