House approves tax incentives, facilitation laws, boosting business confidence: Abdel Aal

Rasha Abdel Aal, head of the Egyptian Tax Authority, has affirmed that the Minister of Finance is committed to implementing a new package of tax incentives and flexible procedures aimed at reducing burdens on taxpayers and fostering trust between businesses and the tax administration. She emphasized that modernizing the tax system is essential to stimulating investment and driving economic growth.

In a statement on Sunday, Abdel Aal highlighted the House of Representatives' approval of new tax incentive and facilitation laws as a pivotal step toward strengthening confidence and partnership within the business community. She confirmed that the facilitation package would be implemented immediately following the issuance of the necessary laws and executive decisions.