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Egypt Commences New Project To Automate Tax Property System. Egypt has begun taking steps to improve taxpayers’ access to property tax by making them available online.
Mohamed Maait, the Minister of Finance has announced the launch of a new project aimed at improving and automating the property tax system in Egypt.
The initiative is a partnership with eTax—a company owned by the Ministry of Finance—and e-Finance for Financial and Digital Investments.
Egypt Commences New Project To Automate Tax Property System: The Policy
This is in line with the Ministry’s plan to leverage digital transformation across various sectors, to enhance service quality, encourage equal opportunities, and ensure transparency.
Maait has disclosed the launch of an online platform that will simplify services and educate people about tax laws and procedures.
The platform will make it possible for taxpayers to go online and get information relating to tax dues on properties, debt payments, account reviews, and online tax payments for high-density property registrations.
Taxpayers will be able to pay their taxes online by creating an account on the consolidated property tax services platform.
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Maait is optimistic that in the near future, taxpayers will be able to get an accredited electronic statement of their tax payments for preceding years.
He mentioned that, the project will slowly introduce an integrated electronic declaration service that will include all types of built properties, including residential, non-residential, administrative, commercial, educational, service, industrial, petroleum, and hotel establishments.
According to Anwar Fawzi, Head of the Real Estate Tax Authority, the launch of this platform will save taxpayers the stress of having to physically visit tax offices whenever they need any service.
Also weighing in, Ibrahim Sarhan, Chairperson and Managing Director of e-finance for Financial and Digital Investments, emphasized the group’s dedication to supporting state efforts in accomplishing financial inclusion and transitioning to a digital economy.
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