Monday 11 April 2022
Books – Mustafa Eid:
Reda Abdel Qader, head of the Egyptian Tax Authority, and Ibrahim El-Araby, head of the General Federation of Chambers of Commerce, signed a protocol to define the procedural rules for collecting tax on platinum, gold, silver and precious stones works in light of the value-added tax law promulgated by Law No. 67 of 2016 and its executive regulations.
According to a statement from the Tax Authority today, Monday, Abdul Qader said that the signing of this protocol comes within the framework of the authority’s efforts towards the correct application of the provisions of the Value Added Tax Law promulgated by Law No. 67 of 2016 and its executive regulations issued by Minister of Finance Resolution No. 66 of 2017.
He added that this comes as a belief in the interest’s responsibility in collecting the dues of the state’s public treasury, as well as a belief from the divisions of gold, silver and platinum merchants and makers in the patriotism of their affiliates and their keenness not to fail to abide by the provisions of the Value Added Tax Law and to pay the due tax.
Hani Milad, Head of the General Division for Gold and Jewelery, said that the signing of the protocol comes within the framework of the fruitful and continuous cooperation between the Tax Authority and the Federation of Chambers of Commerce, expressing his thanks to the head of the department and the workers responsible for preparing this protocol for their efforts, cooperation, flexibility and keenness to implement the law. .
The signing of the protocol was attended by the Tax Authority, Mukhtar Tawfiq, Vice-President of the Tax Authority, Salah Yousef, advisor to the Tax Authority’s head, Alaa Issa, head of the tax research and studies sector, Dr. General technical office of the head of interest.
From the side of the Gold and Jewelery Division, Lutfi Muhammad Munib, deputy head of the division, Lucien Latif, the accountant and legal advisor to the division, and Osama Al-Jalla, the division’s general secretary, attended.