Egypt to launch new phase of digital tax collection system as of July 1

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Egypt to launch new phase of digital tax collection system as of July 1

STORY: Egypt to launch new phase of digital tax collection system as of July 1 DATELINE: April 8, 2022 LENGTH: 0:01:06 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the headquarters of Finance Ministry in Cairo 2. various of Finance Minister Mohamed Maait meeting with the members of the Egyptian Businessmen Association and the Egyptian-Lebanese Businessmen Association (Egypt's Finance Ministry) STORYLINE: Egypt's Finance Minister Mohamed Maait said on Thursday that the country is set to launch a new phase of its automated and electronic system for tax collection starting from July 1, saying that the current phase of this project will be fully completed by the end of June 2022. The minister's remarks came during a meeting with the members of the Egyptian Businessmen Association and the Egyptian-Lebanese Businessmen Association. Maait explained the step will contribute to including informal business activities into the formal sector, adding that the government does not intend to impose new taxe

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