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Thursday, 09 April 2020

Egypt’s finance ministry urges taxpayers to submit returns before 16 April

Doaa A.Moneim , Thursday 26 Mar 2020
Maait
Egypt's Finance Minister Mohamed Maait (photo: Al-Ahram)
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Minister of Finance Mohamed Maait urged taxpayers to submit their tax returns before the announced due dates for individuals and legal persons.

In a statement issued on Thursday, Maait called for positive synergy with taxpayers in the Egyptian Tax Authority (ETA) and its offices, especially the individuals, and to respond to their inquiries instantly through hotline 16395 or email info@eta.gov.eg to encourage them to submit their returns electronically.

Maait instructed the ETA to finalise the national digital transformation project of the taxing system to help simplify the procedures in line with the state's efforts to attract more investors and ease the business-doing climate.

Through the electronic tax system, 101 electronic return is dedicated to individual taxpayers, including those who have commercial, industrial, vocational activities, real-estate revenues and payrolls, and those who do not have regular accounts, according to the minister.

He added that 103 tax return is for vehicle and taxi owners, while 105 tax return is for individual taxpayers who have documented regular accounts.

The ETA announced on Monday that it has extended the due date, for the second time, for individual taxpayers to submit their tax returns to 16 April, in line with the precautionary procedures adopted to contain COVID-19 outbreak impacts.

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