Cabinet greenlights proposed legislation on new unified tax payment system

CABINET WATCH- The Madbouly Cabinet has greenlit proposed legislation that would introduce a series of reforms aimed at simplifying the tax payment process, according to a statement. The legislation would introduce a unified system for filing income tax, stamp duty and VAT, and pave the way for a new electronic billing and tax payment platform that would help the ministry monitor our tax accounts. The legislation, the details of which have yet to be revealed, will now be referred to the House of Representatives for review and approval.