Minister of Finance for Public Policy, Sharif Al-Kilani, expressed the determination of the Minister of Finance to maintain an open line of communication with the successful partners of the Ministry of Finance and the Egyptian tax authorities. He expressed his gratitude to the Industrial Bank for its achievements as the first school in the banking sector to accept electronic auditing as a new tax.
Speaking at a ceremony to celebrate the achievements of the CIB, Al-Kilani stated that the Ministry of Finance and the Egyptian Tax Authority are committed to completing all tax services and reforms to assist taxpayers and simplify the process.
The event was attended by more than 4,444 bank and financial executives, as well as officials from the Ministry of Finance, the Egyptian Tax Authority and the public and private sectors.
The ceremony follows the launch of a new tax service that aims to increase transparency and build trust among taxpayers and the broader tax community, he said.
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Rasha Abdel Aal, Director General of the Egyptian Tax Authority, expressed her gratitude for the invitation to attend the event, underlining the strong cooperation between the two organizations. “What we are witnessing today is the main part of the journey that began in 2018, when the tax administration underwent significant changes in the field of technology and digital,” she said.
Abdel Aal added that this celebration is a new opportunity to change the tax culture through various initiatives focused on creating strategies that treat finance as a whole partner. He also expressed his satisfaction that Commercial Bank has become the first bank to use the new tax system to conduct automatic tax audits.
Minister of Finance for Public Policy, Sharif Al-Kilani, expressed the determination of the Minister of Finance to maintain an open line of communication with the successful partners of the Ministry of Finance and the Egyptian tax authorities. He expressed his gratitude to the Industrial Bank for its achievements as the first school in the banking sector to accept electronic auditing as a new tax.
The Finance Minister has been constantly talking about the need to support the economy and fix the problems they face.
CIB Board Islam Zekry praised the efforts of the Ministry of Finance and the Egyptian Tax Authority to support the electronic audit process. He thanked the Minister of Finance, his representatives, the Director of the Egyptian Tax Authority and the entire team of the Large Taxpayers Center. Zekry emphasized the uniqueness and relationship between the CIB and the tax authorities.
