Egypt automates its tax system to improve collection

By : Adoni Conrad Quenum

Date : mardi, 29 mars 2022 17:17

Egypt’s Ministry of Finance, on March 9, commissioned German software provider SAP and US tech firm IBM Consulting to install a digital platform for the country’s tax procedures. This move aims to improve tax procedures and optimize revenue collection.

The two contractors will roll out an integrated solution based on the SAP® Tax and Revenue Management for Public Sector. Designed to provide the Ministry of Finance with comprehensive business automation tools, the platform will help the Ministry streamline and automate its processes, enhance collaboration and improve citizen experience. The system was successfully tested in 10 tax offices in Greater Cairo but this year, it will be rolled out in every region.

Under the terms of the contract binding the three parties, IBM will also install IBM Cloud Pak for Business Automation solution, a tool designed to integrate artificial intelligence (AI) into the ministry of finance’s processes. It will streamline and automate the tax procedure, ensuring accurate tax declarations, offering taxpayers more knowledge of the taxation process while allowing tax authorities to focus on high-value tasks like reducing tax evasion and improving revenues.

The project is part of the Egypt Vision 2030 development strategy launched in 2016. One of the main focuses of that strategy is the modernization of public services.

Meanwhile, the digitization of the tax system is part of the unified tax procedure law aimed at maximizing government revenues. On February 22, Ragab Mahrous, spokesperson for the Ministry of Finance, explained that taxes account for 75% of the Egyptian government’s revenues. Therefore, it is crucial for the country, which has several development projects, to optimize tax collection.

Adoni Conrad Quenum

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