{"id":626441,"date":"2018-07-02T04:15:49","date_gmt":"2018-07-02T04:15:49","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/02\/tax-authority-settles-egp-16-bn-in-tax-disputes-under-tax-dispute-resolution-act\/"},"modified":"2018-07-02T04:15:49","modified_gmt":"2018-07-02T04:15:49","slug":"tax-authority-settles-egp-16-bn-in-tax-disputes-under-tax-dispute-resolution-act","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/02\/tax-authority-settles-egp-16-bn-in-tax-disputes-under-tax-dispute-resolution-act\/","title":{"rendered":"Tax Authority settles EGP 16 bn in tax disputes under Tax Dispute Resolution Act"},"content":{"rendered":"

The Tax Authority has settled EGP 16 bn-worth of disputes since the Tax Dispute resolution Act was passed in 2016, deputy head Mohamed Abdel Sattar said on Thursday, Al Masry Al Youm reports<\/a><\/u>. Abdel Sattar also confirmed what we heard last week<\/a><\/u>, that the Finance Ministry was considering amendments to the Tax Dispute Act that would shorten its current mandate f two years to only four months, as officials look to settle some 150k tax disputes currently before the resolution committees. Sources also suggested that the rate of tax disputes being filed has slowed with only 12,000 cases received so far this year. The two-year law, which is meant to expedite resolution of tax conflicts through the use of resolution committees, had been renewed for a second two-year mandate back in March<\/a><\/u>. The ministry had said back then that the law resolved around 4,500 tax disputes and contributed EGP 15.1 bn to state coffers last year.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Tax Authority has settled EGP 16 bn-worth of disputes since the Tax Dispute resolution Act was passed in 2016, deputy head Mohamed Abdel Sattar said on Thursday, Al Masry Al Youm reports. Abdel Sattar also confirmed what we heard last week, that the Finance Ministry was considering amendments to the Tax Dispute Act that […]<\/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":[9346],"tags":[2376,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-626441","post","type-post","status-publish","format-standard","hentry","category-egypt-politics-economics","tag-egypt-politics-economics","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"6d5db6b7-3aa6-49a8-84c1-7ba4f63ebc22","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Tax Authority settles EGP 16 bn in tax disputes under Tax Dispute Resolution Act","related_issue":[626404],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.f9d0cfea-04a1-4e29-bb85-51f8795fbb90.mp3"},"yoast_head":"\nTax Authority settles EGP 16 bn in tax disputes under Tax Dispute Resolution Act - 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\/07\/02\/tax-authority-settles-egp-16-bn-in-tax-disputes-under-tax-dispute-resolution-act\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tax Authority settles EGP 16 bn in tax disputes under Tax Dispute Resolution Act\" \/>\n<meta property=\"og:description\" content=\"The Tax Authority has settled EGP 16 bn-worth of disputes since the Tax Dispute resolution Act was passed in 2016, deputy head Mohamed Abdel Sattar said on Thursday, Al Masry Al Youm reports. Abdel Sattar also confirmed what we heard last week, that the Finance Ministry was considering amendments to the Tax Dispute Act that […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/02\/tax-authority-settles-egp-16-bn-in-tax-disputes-under-tax-dispute-resolution-act\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-07-02T04:15:49+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\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\/07\/02\/tax-authority-settles-egp-16-bn-in-tax-disputes-under-tax-dispute-resolution-act\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/02\/tax-authority-settles-egp-16-bn-in-tax-disputes-under-tax-dispute-resolution-act\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Tax Authority settles EGP 16 bn in tax disputes under Tax Dispute Resolution Act\",\"datePublished\":\"2018-07-02T04:15:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/02\/tax-authority-settles-egp-16-bn-in-tax-disputes-under-tax-dispute-resolution-act\/\"},\"wordCount\":164,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Egypt Politics + Economics\",\"EnterpriseAM\"],\"articleSection\":[\"Egypt Politics + Economics\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/02\/tax-authority-settles-egp-16-bn-in-tax-disputes-under-tax-dispute-resolution-act\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/02\/tax-authority-settles-egp-16-bn-in-tax-disputes-under-tax-dispute-resolution-act\/\",\"name\":\"Tax Authority settles EGP 16 bn in tax disputes under Tax Dispute Resolution Act - 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Cabinet subsequently approved its extension for another two years this past November.","rel":"","context":"In "Egypt Politics + Economics"","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":650249,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/20\/finance-ministry-resolves-450-tax-disputes-worth-egp-1-5-bn\/","url_meta":{"origin":626441,"position":2},"title":"Finance Ministry resolves 450 tax disputes worth EGP 1.5 bn","author":"enterpriseam admin","date":"20 March 2017","format":false,"excerpt":"Committees given a one-year mandate to resolve tax disputes have so far settled 450 cases worth a combined EGP 1.5 bn, according to a Finance Ministry statement citing Deputy Finance Minister Amr El Monayer. The committees\u2019 decisions in the disputes will also serve as legal precedents in tax cases in\u2026","rel":"","context":"In "Speed Round"","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":573520,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/09\/finmin-collects-egp-30-bn-in-back-taxes-after-settling-30k-tax-disputes\/","url_meta":{"origin":626441,"position":3},"title":"FinMin collects EGP 30 bn in back taxes after settling 30k tax disputes","author":"enterpriseam admin","date":"9 August 2020","format":false,"excerpt":"FinMin collects EGP 30 bn in back taxes after settling 30k tax disputes: The Finance Ministry settled more than 30k tax disputes between March and June, netting the government more than EGP 30 bn in back taxes, Finance Minister Mohamed Maait said in a statement on Friday. The passage of\u2026","rel":"","context":"In "Speed Round"","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":628186,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/is-finmin-looking-to-significantly-reduce-mandate-of-tax-dispute-act\/","url_meta":{"origin":626441,"position":4},"title":"Is FinMin looking to significantly reduce mandate of Tax Dispute Act?","author":"enterpriseam admin","date":"27 June 2018","format":false,"excerpt":"Is FinMin looking to significantly reduce mandate of Tax Dispute Act? The Finance Ministry is considering amendments to the Tax Dispute Resolution Act that would reduce its current mandate of two years to only four months, ministry sources told state-owned MENA, according to Al Shorouk. 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