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بوابة أخبار اليوم
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Finance Minister: Simplified Tax System is an Egyptian initiative
The Egyptian Minister of Finance confirmed that the simplified tax system is a purely Egyptian idea aimed at encouraging small-scale activities and motivating their growth and expansion. He clarified that the government allocated 80 billion Egyptian pounds in the current budget to support programs for production, export, and entrepreneurship. Additionally, it seeks to collaborate with the Ministries of Investment and Industry to establish two funds dedicated to supporting specific sectors. He also pointed out that the digital transformation aims to improve services and reduce procedures, with more than 1.2 million citizens registered on the electronic real estate tax application, which is being developed to simplify and facilitate the services provided to the public.
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