A new page between taxes and the business community
Confirms Dr. Ashraf Hajar, deputy chairman of the finance and Taxation Committee of the Egyptian Lebanese businessmen Association, said that the statements of the head of the Egyptian tax authority confirm the commitment of the authority to achieve tax justice, end existing disputes with the business community, build trust between the state and financiers and enhance the investment climate in the country
Ashraf Hagar - • General Topics
Confirms Dr. Ashraf Hajar, deputy chairman of the finance and Taxes Committee of the Egyptian Lebanese businessmen Association, said that the statements of the head of the Egyptian tax authority confirm the commitment of the authority to achieve tax justice and end the existing disputes with the business community
He said that these statements are based on a strategic vision in line with the digital transformation and modernization of services, which promises an important step towards rebuilding trust between the state and financiers and enhancing the investment climate in the country, adding that the availability of tax dispute settlement forms electronically through the portal of the official interest is a qualitative leap that contributes to reducing paperwork and shortening the time needed to process files, and the new system is moving towards providing services more accurately and transparently, as the financier is able to fill out forms electronically with ease, which reduces administrative errors and ensures a faster response to requests, and on the other hand, this update contributes to improving the overall performance of government agencies، This reflects the keenness of the administration to keep abreast of technological developments in the service of the citizen and the private sector.
Hajar added that the Tax Authority has set a clear time frame for submitting applications, which contributes to organizing the process of settling tax disputes and ending it, and the setting of these dates reflects the administration's keenness to develop an accurate system that allows processing old files within a specific time frame, which contributes to reducing the backlog of cases and speeding up the process of،
In light of the economic challenges faced by the business sector, the removal of administrative obstacles contributes to stimulating economic activity and stimulating the movement of investment, and the provision of flexible solutions such as the possibility of installments in cases of discretionary examination without incurring the benefits of delay is an important advantage that relieves the financial burden on companies, helps them improve their cash flows, which reflects positively on macroeconomic stability and enhances the investment climate, encouraging investors to expand their activities and develop their businesses.
He stressed that the announced legal and administrative orientation is a step towards achieving a balance between the rights of the state and the legitimate demands of financiers, as the application of the new laws, whether law (5) of 2025 or law (160) of 2024 ensures the achievement of tax justice, and the provision of settlement mechanisms that take into account the rights of all parties, and these measures enhance the possibility of reaching consensus solutions that contribute to relieving administrative pressure and reducing protracted disputes that may burden the national economy, as well as reduce the financial and administrative burden on companies, the transition to the electronic system and setting strict deadlines enhances transparency and helps organize the process tax it better،
These measures also contribute to improving the business environment and attracting investments, especially in light of the global trend towards digitization and the adoption of modern technologies in various sectors, as well as contribute to ending tax disputes and enhancing trust between the state and the business community.