Cabinet okays amendments on unified tax procedures bill

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Thu, 13 Aug 2020 - 01:08 GMT

BY

Thu, 13 Aug 2020 - 01:08 GMT

Ministers partake in a Cabinet meeting - Press Photo

Ministers partake in a Cabinet meeting - Press Photo

CAIRO - 13 August 2020: The cabinet has approved a number of proposed amendments to a bill on new unified tax procedures, taking into consideration all remarks paid by ministers on the legislation.


The approval came on Wednesday during a videoconferencing meeting chaired by Prime Minister Moustafa Madbouli.


The bill stipulates a simplified, unified procedure for filing income, stamp and VAT tax duties.



The draft law paves the way for a new electronic billing and tax payment platform.

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