The Egyptian Tax Authority (ETA) has launched a new mobile application that allows taxpayers to pay real estate transaction tax electronically and obtain tax clearance certificates in a fast and convenient manner, according to Rasha Abdel Aal, the ETA chairperson. She emphasised the Authority’s continued cooperation with major international companies to develop tax systems in line with global best practices. Key measures include reducing the time required for value-added tax (VAT) refunds and simplifying related procedures. In addition, she said the package includes the development of a central electronic offsetting system, allowing taxpayers’ credit and debit balances to be offset electronically. She added that all inquiries raised by Swiss companies regarding income tax, VAT, and the automated tax system have been resolved.
