ETA outlines updates to second tax facilitations package at conference

At a conference organized by the Egyptian Tax Association, Rasha Abdel Aal, head of the Egyptian Tax Authority (ETA), detailed further aspects of the second tax facilitations package—launched on December 23 following Finance Minister Ahmed Kouchouk's announcement—emphasizing company liquidation solutions, investor simplifications, and new consultation tools to build on initial successes.

Building on the December 23 launch that introduced the 'Excellence Card', accelerated VAT refunds, capital market incentives, and healthcare VAT relief, Abdel Aal highlighted targeted measures at the stakeholder conference. A new provision addresses company liquidation challenges, with the finance minister establishing a high-level committee for centralized oversight and a follow-up system launching in 2026.

A dedicated platform for consultation and societal dialogue will publish ETA instructions and decisions, enabling business and investor feedback managed by a specialized team. Complementing electronic systems for real estate transactions and notifications, a mobile app will further simplify taxpayer payments without hurdles.

Additional facilitations extend the tax suspension on machinery and equipment for industrial activities to four years and exempt services on transit goods from VAT when under Customs Authority supervision. Real estate development entities qualify for incentives under the simplified tax regime of Law No. 6 of 2025.

Abdel Aal praised the event for promoting dialogue on tax policies and stressed the responsibility to sustain momentum from the first package's success into this and future reforms.

संबंधित लेख

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