{"id":604864,"date":"2018-12-16T04:04:04","date_gmt":"2018-12-16T04:04:04","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/16\/egypt-considering-legal-framework-to-seize-unpaid-taxes\/"},"modified":"2018-12-16T04:04:04","modified_gmt":"2018-12-16T04:04:04","slug":"egypt-considering-legal-framework-to-seize-unpaid-taxes","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/16\/egypt-considering-legal-framework-to-seize-unpaid-taxes\/","title":{"rendered":"Egypt considering legal framework to seize unpaid taxes"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <b>The taxman wants the power to freeze funds in the corporate and personal accounts of alleged tax cheats: <\/b>The Finance Ministry is looking to discuss with the central bank legislation that would allow the government to freeze funds in the corporate and personal bank accounts of alleged tax cheats, Finance Minister Mohamed Maait said yesterday, <a href=\"https:\/\/www.almalnews.com\/Story\/403117\/14\/%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D8%B3%D9%86%D8%A8%D8%AD%D8%AB-%D8%A2%D9%84%D9%8A%D8%A9-%D8%A7%D9%84%D8%AD%D8%AC%D8%B2-%D8%B9%D9%84%D9%89--%D8%AD%D8%B3%D8%A7%D8%A8%D8%A7%D8%AA-%D8%A7%D9%84%D9%85%D8%AA%D8%AE%D9%84%D9%81%D9%8A%D9%86-%D8%B9%D9%86-%D8%A7%D9%84%D8%B6%D8%B1%D8%A7%D8%A6%D8%A8-%D8%A8%D8%A7%D9%84%D8%A8%D9%86%D9%88%D9%83\">according to Al Mal<\/a> and <a href=\"https:\/\/www.masrawy.com\/news\/news_economy\/details\/2018\/12\/15\/1479959\/%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D8%AA%D9%86%D8%A7%D9%82%D8%B4-%D9%85%D8%B9-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D9%88%D8%B6%D8%B9-%D8%A2%D9%84%D9%8A%D8%A9-%D9%82%D8%A7%D9%86%D9%88%D9%86%D9%8A%D8%A9-%D8%AA%D8%B3%D9%85%D8%AD-%D8%A8%D8%A7%D9%84%D8%AD%D8%AC%D8%B2-%D8%B9%D9%84%D9%89-%D9%85%D8%B3%D8%AA%D8%AD%D9%82%D8%A7%D8%AA\">Masrawy<\/a>. The measure would give the Tax Authority the power to freeze sums equivalent to those the authority believes the account holders owe the state treasury.<\/p>\n<p><b>The questions here are many<\/b>, ranging from the criteria you need to trigger before making the list of cheats to whether the freeze could be ordered without a court order and what, if any, appeal mechanism might be put in place.<\/p>\n<p><b>Background:<\/b> The ministry had previously been angling for direct access to corporate bank data through amendments to the Income Tax Act, now-former Tax Authority head Emad Samy <a href=\"https:\/\/enterprise.press\/stories\/2018\/08\/26\/finmin-seeks-access-to-companies-bank-data-under-proposed-amendments-to-the-income-tax-act\/\">had told us<\/a>. The idea, which was meant to help clamp down on tax evasion, was <a href=\"https:\/\/enterprise.press\/stories\/2018\/08\/27\/tax-inspectors-wont-have-direct-access-to-corporate-banking-information-central-bank-says\/\">nixed by the central bank<\/a> on the basis that it would violate client data privacy provisions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The taxman wants the power to freeze funds in the corporate and personal accounts of alleged tax cheats: The Finance Ministry is looking to discuss with the central bank legislation that would allow the government to freeze funds in the corporate and personal bank accounts of alleged tax cheats, Finance Minister Mohamed Maait said yesterday, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":604865,"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":[309,72,276,180,2380,69],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-604864","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-customs","tag-enterpriseam","tag-finance-ministry","tag-legislation","tag-speed-round","tag-tax","wpautop","entry"],"acf":{"mongo_id":"b5451d37-3eb0-4574-9cad-d634b7caf990","order":"0","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2018\/12\/248.jpg","photo_position":"above","related_issue":[604856],"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>Egypt considering legal framework to seize unpaid taxes - 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\/2018\/12\/16\/egypt-considering-legal-framework-to-seize-unpaid-taxes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt considering legal framework to seize unpaid taxes\" \/>\n<meta property=\"og:description\" content=\"The taxman wants the power to freeze funds in the corporate and personal accounts of alleged tax cheats: The Finance Ministry is looking to discuss with the central bank legislation that would allow the government to freeze funds in the corporate and personal bank accounts of alleged tax cheats, Finance Minister Mohamed Maait said yesterday, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/16\/egypt-considering-legal-framework-to-seize-unpaid-taxes\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-12-16T04:04:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2018\/12\/248.jpg?fit=%2C&ssl=1\" \/>\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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/16\/egypt-considering-legal-framework-to-seize-unpaid-taxes\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/16\/egypt-considering-legal-framework-to-seize-unpaid-taxes\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt considering legal framework to seize unpaid taxes\",\"datePublished\":\"2018-12-16T04:04:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/16\/egypt-considering-legal-framework-to-seize-unpaid-taxes\/\"},\"wordCount\":194,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/16\/egypt-considering-legal-framework-to-seize-unpaid-taxes\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2018\/12\/248.jpg?fit=%2C&ssl=1\",\"keywords\":[\"customs\",\"EnterpriseAM\",\"Finance Ministry\",\"legislation\",\"SPEED ROUND\",\"tax\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/16\/egypt-considering-legal-framework-to-seize-unpaid-taxes\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/16\/egypt-considering-legal-framework-to-seize-unpaid-taxes\/\",\"name\":\"Egypt considering legal framework to seize unpaid taxes - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/16\/egypt-considering-legal-framework-to-seize-unpaid-taxes\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/16\/egypt-considering-legal-framework-to-seize-unpaid-taxes\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2018\/12\/248.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2018-12-16T04:04:04+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/16\/egypt-considering-legal-framework-to-seize-unpaid-taxes\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/16\/egypt-considering-legal-framework-to-seize-unpaid-taxes\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/16\/egypt-considering-legal-framework-to-seize-unpaid-taxes\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2018\/12\/248.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2018\/12\/248.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/16\/egypt-considering-legal-framework-to-seize-unpaid-taxes\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Egypt considering legal framework to seize unpaid taxes\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Egypt considering legal framework to seize unpaid taxes - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/16\/egypt-considering-legal-framework-to-seize-unpaid-taxes\/","og_locale":"en_US","og_type":"article","og_title":"Egypt considering legal framework to seize unpaid taxes","og_description":"The taxman wants the power to freeze funds in the corporate and personal accounts of alleged tax cheats: The Finance Ministry is looking to discuss with the central bank legislation that would allow the government to freeze funds in the corporate and personal bank accounts of alleged tax cheats, Finance Minister Mohamed Maait said yesterday, [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/16\/egypt-considering-legal-framework-to-seize-unpaid-taxes\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2018-12-16T04:04:04+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2018\/12\/248.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/16\/egypt-considering-legal-framework-to-seize-unpaid-taxes\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/16\/egypt-considering-legal-framework-to-seize-unpaid-taxes\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Egypt considering legal framework to seize unpaid taxes","datePublished":"2018-12-16T04:04:04+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/16\/egypt-considering-legal-framework-to-seize-unpaid-taxes\/"},"wordCount":194,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/16\/egypt-considering-legal-framework-to-seize-unpaid-taxes\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2018\/12\/248.jpg?fit=%2C&ssl=1","keywords":["customs","EnterpriseAM","Finance Ministry","legislation","SPEED ROUND","tax"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/16\/egypt-considering-legal-framework-to-seize-unpaid-taxes\/","url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/16\/egypt-considering-legal-framework-to-seize-unpaid-taxes\/","name":"Egypt considering legal framework to seize unpaid taxes - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/16\/egypt-considering-legal-framework-to-seize-unpaid-taxes\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/16\/egypt-considering-legal-framework-to-seize-unpaid-taxes\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2018\/12\/248.jpg?fit=%2C&ssl=1","datePublished":"2018-12-16T04:04:04+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/16\/egypt-considering-legal-framework-to-seize-unpaid-taxes\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2018\/12\/16\/egypt-considering-legal-framework-to-seize-unpaid-taxes\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/16\/egypt-considering-legal-framework-to-seize-unpaid-taxes\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2018\/12\/248.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2018\/12\/248.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/16\/egypt-considering-legal-framework-to-seize-unpaid-taxes\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Egypt considering legal framework to seize unpaid taxes"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2018\/12\/248.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2018\/12\/248.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2018\/12\/248.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":604960,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/18\/govt-denies-reports-suggesting-bank-accounts-of-tax-cheats-would-be-frozen\/","url_meta":{"origin":604864,"position":0},"title":"Gov\u2019t denies reports suggesting bank accounts of tax cheats would be frozen","author":"enterpriseam admin","date":"18 December 2018","format":false,"excerpt":"Gov\u2019t says it has no plans to freeze the bank accounts of tax evaders: Cabinet \u00a0said in a statement that it is not mulling a move that would grant the Finance Ministry power to freeze the bank accounts of suspected tax evaders. After having reached out to the Finance Ministry,\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":594874,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/10\/maait-denies-egypt-is-planning-to-raise-stamp-tax-rates\/","url_meta":{"origin":604864,"position":1},"title":"Maait denies Egypt is planning to raise stamp tax rates","author":"enterpriseam admin","date":"10 September 2019","format":false,"excerpt":"The Finance Ministry is not planning to raise stamp tax rates, Maait said at the Euromoney conference yesterday, according to Al Mal. The minister denied our report from yesterday that proposed amendments to the Stamp Tax Act would see the tax and fees hiked on electricity consumption, banking transactions, car\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":625890,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/26\/finmin-seeks-access-to-companies-bank-data-under-proposed-amendments-to-the-income-tax-act\/","url_meta":{"origin":604864,"position":2},"title":"FinMin seeks access to companies\u2019 bank data under proposed amendments to the Income Tax Act","author":"enterpriseam admin","date":"26 August 2018","format":false,"excerpt":"EXCLUSIVE- FinMin seeks access to corporate bank data under proposed amendments to the Income Tax Act: Forthcoming amendments to the Income Tax Act would allow the Finance Ministry to check up on company accounts to make sure they\u2019re paying their income taxes, Tax Authority boss Emad Samy told Enterprise. The\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":603091,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/15\/finmin-gives-15-government-entities-until-end-of-month-to-disclose-special-funds\/","url_meta":{"origin":604864,"position":3},"title":"FinMin gives 15 government entities until end of month to disclose special funds","author":"enterpriseam admin","date":"15 April 2019","format":false,"excerpt":"FinMin issues ultimatum to gov\u2019t entities on disclosing special funds before month-end: The Finance Ministry has issued formal requests to 15 government entities with some 750 bank accounts connected to their \u201cspecial funds\u201d to disclose these accounts to the government for regulatory oversight, Al Mal reports. The ministry has threatened\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":569318,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/20\/egypts-tax-authority-to-test-electronic-tax-filing-for-businesses-in-april\/","url_meta":{"origin":604864,"position":4},"title":"Egypt\u2019s Tax Authority to test electronic tax filing for businesses in April","author":"enterpriseam admin","date":"20 February 2020","format":false,"excerpt":"The Tax Authority will roll out on a trial basis its electronic tax filing system in April, ahead of making it mandatory for businesses to pay their taxes online \u201cin the coming period,\u201d according to a Tax Authority statement (pdf). The testing phase will see 100-120 companies with good records\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":630598,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/26\/finance-ministry-plans-digital-revamp-of-tax-filing-system-aims-to-clamp-down-on-bogus-receipts-in-bid-to-bolster-state-revenues\/","url_meta":{"origin":604864,"position":5},"title":"Finance Ministry plans digital revamp of tax filing system, aims to clamp down on bogus receipts in bid to bolster state revenues","author":"enterpriseam admin","date":"26 April 2018","format":false,"excerpt":"EXCLUSIVE- Finance Ministry plans digital revamp of tax filing system, aims to clamp down on bogus receipts in bid to bolster state revenues: The Finance Ministry is looking to revamp the tax filing system, with the goal of making it fully digital and building a single platform to file and\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/604864","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=604864"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/604864\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/604856"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/604865"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=604864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=604864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=604864"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=604864"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=604864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}