- Recent changes in Egypt’s tax law aim to encourage taxpayers to remit taxes
- E-commerce transactions are now taxable through a simplified registration and collection system
- The new system eliminates the need for a legal representative for tax collection
- Changes include the use of an electronic invoicing and receipt system
- This system ensures digital compliance by monitoring business transactions digitally
- All invoice data between financiers and consumers are exchanged in a digital format
Source: africataxreview.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
