Cairo – Mubasher: The Egyptian Tax Authority will obligate 134 companies of the top corporate taxpayers to issue electronic tax invoices on 15 November.
The second phase of making e-invoices obligatory, which will begin on 15 February 2021, will include 350 companies, while the third phase, which will start on 15 May 2021, will include the remaining top corporate taxpayers, Mohamed Keshk, a senior official at the Egyptian Tax Authority, said in a statement on Tuesday.
This move is a step towards implementing digital transformation, integrating the informal market into the formal economy, and combating tax evasion.
