Economics

Finance minister: Tax system to be automated by end of 2020

CAIRO – 26 January 2020: Speaker of the House of Representatives Ali Abdel Aal has stressed the importance of offering incentives for tax payers to attract more tax revenues and prevent tax evasion.
During the house general session on Sunday in the presence of minister of Finance Mohamed Ma'it, the speaker said some employees at the Tax Authority are not well trained, a matter that leads to tax evasion.
For his part, minister Ma'it said all tax measures will be automated by the end of 2020 as part of efforts to modernize the authority sectors with the aim of increasing tax revenues and preventing tax evasion.



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