Finance Ministry looks to extend mandate for Tax Dispute Resolution Act

The Finance Ministry is looking to extend the Tax Dispute Resolution Act’s year-long mandate beyond its September expiry date and until all cases are settled, an unnamed ministry official tells Al Shorouk. The law, which passed the House last September, removed tax dispute cases from the courts and handed them over to newly-established committees to settle amicably. The Tax Authority had said last month that the committees had resolved EGP 2 bn in disputes since September — around 3,000 cases out of a total 8,000 on their plates. The Finance Ministry will submit an official proposal to the House when MPs reconvene for their fall legislative season.