{"id":574214,"date":"2020-09-02T04:00:30","date_gmt":"2020-09-02T04:00:30","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/02\/finmin-tasks-ernst-young-to-prepare-electronic-billing-and-taxation-platform\/"},"modified":"2020-09-02T04:00:30","modified_gmt":"2020-09-02T04:00:30","slug":"finmin-tasks-ernst-young-to-prepare-electronic-billing-and-taxation-platform","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/02\/finmin-tasks-ernst-young-to-prepare-electronic-billing-and-taxation-platform\/","title":{"rendered":"FinMin tasks Ernst &#038; Young to prepare electronic billing and taxation platform"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>The Finance Ministry tasked Ernst & Young with building its new electronic <\/strong><strong>billing and tax payment platform<\/strong> \u2014 the mechanism through which companies and individuals will be filing their taxes, <a href=\"https:\/\/www.alborsaanews.com\/2020\/09\/01\/1378366\">unnamed sources told the local press.<\/a> The move to a new platform is provided for by the Unified Tax Act, which would create a single tax platform through which to file income tax, VAT, stamp tax, and real estate tax returns. Earlier this month, the Tax Authorities <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ca72824d-252f-40d6-ac7e-2b0782dfe9b9\">made it mandatory<\/a> for companies to file their taxes electronically by November.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Finance Ministry tasked Ernst &#038; Young with building its new electronic billing and tax payment platform \u2014 the mechanism through which companies and individuals will be filing their taxes, unnamed sources told the local press. The move to a new platform is provided for by the Unified Tax Act, which would create a single [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2367,276,2380,69,3665],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-574214","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-ernst-young","tag-finance-ministry","tag-speed-round","tag-tax","tag-unified-tax-act","wpautop","entry"],"acf":{"mongo_id":"fd2c1f96-9ed8-4a5f-a25e-31d8b132ef5c","is_powered_by":true,"section_story_id":"550babfe-6caf-423e-8ce5-d690de621b9a","story_type":"1","photo_url":"","photo_position":"above","related_issue":[574206],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>FinMin tasks Ernst &amp; Young to prepare electronic billing and taxation platform - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/02\/finmin-tasks-ernst-young-to-prepare-electronic-billing-and-taxation-platform\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FinMin tasks Ernst &amp; Young to prepare electronic billing and taxation platform\" \/>\n<meta property=\"og:description\" content=\"The Finance Ministry tasked Ernst &amp; Young with building its new electronic billing and tax payment platform \u2014 the mechanism through which companies and individuals will be filing their taxes, unnamed sources told the local press. The move to a new platform is provided for by the Unified Tax Act, which would create a single [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/02\/finmin-tasks-ernst-young-to-prepare-electronic-billing-and-taxation-platform\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-09-02T04:00:30+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/02\/finmin-tasks-ernst-young-to-prepare-electronic-billing-and-taxation-platform\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/02\/finmin-tasks-ernst-young-to-prepare-electronic-billing-and-taxation-platform\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"FinMin tasks Ernst &#038; 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The regulations detail how Egypt\u2019s newly-launched single tax portal will work and outline instructions for taxpayers on accessing and using the platform to\u2026","rel":"","context":"In &quot;SPEED ROUND: TAXATION&quot;","block_context":{"text":"SPEED ROUND: TAXATION","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-taxation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/429.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592728,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/05\/finmin-revises-egypts-public-debt-target-for-fy2020-2021-again\/","url_meta":{"origin":574214,"position":4},"title":"FinMin revises Egypt\u2019s public debt target for FY2020-2021 again","author":"enterpriseam admin","date":"5 November 2019","format":false,"excerpt":"FinMin sets more ambitious public debt reduction target, but more conservative GDP growth estimate, for FY2020-2021: The Finance Ministry is expecting Egypt\u2019s public debt levels to drop to 80% of GDP during the next fiscal year \u2014 a more ambitious goal than the ministry had announced in June, Minister Mohamed\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":568720,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/02\/tax-authority-considers-widening-vat-exemptions\/","url_meta":{"origin":574214,"position":5},"title":"Tax Authority considers widening VAT exemptions","author":"enterpriseam admin","date":"2 February 2020","format":false,"excerpt":"LEGISLATION WATCH- Tax Authority considers expanding VAT exemptions: The Tax Authority is considering expanding the list of items that qualify for VAT exemption to include oil products, crackers, soaps, air conditioners, and residential and non-residential units, head of the authority\u2019s central administration El Sayed Sakr said at a conference, according\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/2\/12.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/574214","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=574214"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/574214\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/574206"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=574214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=574214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=574214"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=574214"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=574214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}