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Home Fintech Minister of Finance: Launching a project to develop and mechanize the real estate tax system to make it easier for citizens

Minister of Finance: Launching a project to develop and mechanize the real estate tax system to make it easier for citizens

Inquire about tax dues on the unit, pay debts, and review the account electronically

by Ahmed Hassaan

Dr. Mohamed Maait, Minister of Finance, confirmed that a project to develop and automate the real estate tax system was launched in cooperation with the tax solutions operating technology company “E”. Tax, owned by the Ministry of Finance, and the E.G. Finance for Financial and Digital Investments, in order to make it easier for citizens, by making real estate tax system services available electronically for the first time, gradually, within the framework of the Ministry of Finance’s strategy to optimally exploit the path of digital transformation in various sectors and affiliated departments, in a way that contributes to improving the quality of services and establishing… The pillars of equal opportunities and transparency.

The minister added that an “advanced electronic platform” has already been launched to facilitate services and spread awareness of real estate tax laws and procedures, and the service will gradually begin to launch the service of inquiring about unit tax dues, paying debts, reviewing the account electronically, and electronic payment of the tax “online” for those registered in high-density tax offices. After completing the work of reviewing, auditing and digitizing all data in the missions; It can even be made available to citizens to facilitate the payment of tax dues by creating an account on the unified services platform for real estate taxes, pointing out that financiers can, at that time, obtain an approved electronic statement of account with tax payments for previous years.
The Minister indicated that the coming period will witness the gradual launch of the unified electronic declaration service for all types of properties built from residential and non-residential units: administrative, commercial, shops, offices, educational and service facilities, petroleum industrial facilities, hotels, etc., explaining that the unified services platform for real estate taxes allows financiers to submit services. To obtain tax exemptions and submit appeals electronically, during the gradual implementation stages of the project.
Anwar Fawzi, Head of the Real Estate Tax Authority, confirmed that procedures are being carefully re-engineered and mechanized to make “remote services” available via the advanced electronic platform, during the project implementation stages. This contributes to alleviating the burden on citizens and relieving them of the need to go to mission offices to receive services.
Ibrahim Sarhan, Chairman of the E Group, said: Finance for Financial and Digital Investments, Managing Director, said that we are keen to support the state’s efforts in the field of achieving financial inclusion and the transformation of the digital economy, pointing out that we were able, in cooperation with the Ministry of Finance, to provide a pioneering Egyptian experience in digital transformation in accordance with the latest international standards and expertise.

Khaled Abdel-Ghani, President of the Tax Solutions Operating Technology Company “E. Tax”, until the company “E. TAX is the technological arm to implement the digital transformation of real estate taxes, as desired. In order to achieve the objectives of this project, as it is one of the tributaries of the comprehensive and integrated plan of the Ministry of Finance for development in line with the latest international standards, explaining that we are committed to the optimal use of advanced technology in facilitating the services provided to citizens through the ambitious project to develop and automate the real estate tax system.

The Real Estate Tax Authority had signed with the tax solutions operating technology company “E. TAX, a contract for implementing the digital transformation system for the authority.

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