Banque Misr organized a seminar on the electronic tax declaration
system in collaboration with the Egyptian Tax Authority, to spread awareness
and enhance trust and confidence in the taxation community – especially the
banking sector – being a main pillar in supporting the national economy, on
Monday 29th March 2021 at Banque Misr headquarters via
videoconference. The seminar shed light on the electronic declaration system
and the declaration of profits of legal persons engaged in banking activities.
This comes in line with the Bank’s continued cooperation and constructive
collaboration with the Egyptian Tax Authority.
Maha Ali – Media Division Manager at the Office of ETA President –
stated that the Authority hosts a series of seminars through videoconference,
for the purpose of taxation awareness; targeting electronic declarations –
including all financers – or the automated taxation procedures – incorporating
major financers, medium financers and the self-employed.
Banque Misr’s participation in organizing this seminar comes in
light of its belief in the importance of spreading financial awareness,
financial and taxation culture, as significant topics having a notable impact
on the Egyptian economy. For it is through the propagation of a sound awareness
that it becomes possible to enhance economic development, by providing correct
and reliable information.
The organization of this seminar also reflects the interest of
both the Ministry of Finance and ETA to collaborate and communicate with all
relevant parties – most important of which is the banking sector – due to its
pivotal role in the Egyptian economy. This is in order to resolve all issues
challenging the banking sector and to discuss all taxation matters that are of
interest; since ETA seeks to offer distinctive taxation services, by undergoing
various developments and upgrades to its systems.