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Real Estate Tax Dept Cuts Paperwork
Rami Youssef, Assistant Minister of Finance and Head of the Real Estate Tax Authority, pointed out that the authority has reduced the size of the tax declaration from 5 paper pages to 8 electronic fields, aiming to make procedures more flexible and streamlined by reengineering them before digitalizing. He also confirmed that the staff at the authority, totaling around 17,000 employees, receive training in economic analysis skills and risk management. Additionally, the implementation of real estate taxes is being developed by private sector companies to improve performance and efficiency. He clarified that the potential use of artificial intelligence depends on the need, and it is currently used in data analysis and anomaly detection, with the goal of enhancing accuracy and more effective tax management.
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