Central Bank of Egypt governor stresses need for boosting domestic production to curb inflation    Egypt's Abdalla highlights domestic production, inflation control at Arab banks meeting    Egypt's PM says Gaza war dominating political scene, vows to continue economic reform    Cairo governor briefs PM on Khan el-Khalili, Rameses Square development    El Gouna Film Festival's 8th edition to coincide with UN's 80th anniversary    Cairo University, Roche Diagnostics inaugurate automated lab at Qasr El-Ainy    Egypt expands medical, humanitarian support for Gaza patients    Finance Ministry presents three new investor facilitation packages to PM to boost investment climate    Egypt condemns Israeli offensive in Gaza City, warns of grave regional consequences    Egypt investigates disappearance of ancient bracelet from Egyptian Museum in Tahrir    Egypt launches international architecture academy with UNESCO, European partners    Egypt's President, Pakistan's PM condemn Israeli attack on Qatar    Egypt signs MoUs with 3 European universities to advance architecture, urban studies    Madrid trade talks focus on TikTok as US and China seek agreement    Egypt's Sisi, Qatar's Emir condemn Israeli strikes, call for Gaza ceasefire    Egypt condemns terrorist attack in northwest Pakistan    Egyptian pound ends week lower against US dollar – CBE    Egypt hosts G20 meeting for 1st time outside member states    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Egypt seeks Indian expertise to boost pharmaceutical industry    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egyptian, Ugandan Presidents open business forum to boost trade    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



I addressed former PM to activate Supreme Taxation Council, but in vain: revenue authorities committee head
Independence of Egyptian Tax Authority improves collection efficiency, expands financiers base, says Alexan
Published in Daily News Egypt on 26 - 06 - 2018

Mervat Alexan, head of the revenues authorities subcommittee affiliated with parliament's planning and budget committee, said that she demands new Prime Minister Moustafa Madbouly to implement the decision to form a Supreme Taxation Council, which was issued in 2010 and has not been enacted to date.
Alexan added that she addressed former prime minister Sherif Ismail several times about activating the council due to the severe need for it at the current time and to impose tax policies; however, all the attempts were in vain. "I do not know the reason why this council has not been activated up until now. It has been eight years since the decision was issued," Alexan added.
Presidential decree 358 was issued in 2010 to establish a Supreme Taxation Council. The council was supposed to include a public figure, preferably from the Administrative Control Authority, in addition to a member of the Central Auditing Organisation (CAO), two accountants nominated by the Federation of Egyptian Chambers of Commerce, the head of the Federation of Egyptian Industries (FEI), and three heads of former revenue authorities, such as the Egyptian Tax Authority, Customs Authority, or the Real Estate Taxation Authority.
Alexan demanded making the Egyptian Tax Authority independent in order to increase its efficiency, in addition to developing the Egyptian tax system and expanding the tax base.
Parliament's planning and budget committee held a meeting with the Real Estate Taxation Authority earlier this year to discuss increasing tax revenues.
The financial statement issued by the Ministry of Finance for next fiscal year's budget, which was recently approved by parliament, showed that the government targets tax revenues worth EGP 770bn, compared to EGP 604bn by the end of this fiscal year.
"Holding a meeting of the subcommittee over the upcoming period depends on the availability of time in the current legislative season, especially with the new government still not presenting its programme to parliament until now," Alexan added.
Parliamentary sources said that the reason for the delay in presenting the programme is appointing new governors and the desire of the new prime minister to follow up on the impact of the decisions of raising fuel prices on the streets.
"Parliament held public sessions on Saturday, even though no meetings were held over the past period. Indicators show that the government will present its programme next week," Alexan revealed.


Clic here to read the story from its source.