The Egyptian Tax Authority participated in the first day of BRICS tax expert meetings in India, exchanging experiences and best practices with member states to develop tax administration systems. Egyptian Tax Authority head, Rasha Abd El-Aal, emphasized that Finance Minister Ahmed Kouk prioritizes converting international cooperation into practical opportunities for knowledge transfer and capacity building. This aligns with Egypt's efforts to support tax development plans and share expertise.
The Egyptian Tax Authority's participation in BRICS tax cooperation spans the entire year through representatives in specialized working groups, enabling knowledge sharing and joint initiative development. On the first day, the Egyptian delegation actively contributed to working group discussions, proposing an expansion of the revenue enhancement group's scope to include qualitative practices and tax dispute resolution methods. This proposal was incorporated into the group's work scope.
The Egyptian delegation also participated in international tax and transaction pricing discussions, agreeing on the new group's work scope, including cross-border transactions, transfer pricing, and tax treaties. This aims to present the document to tax administration heads. Egypt's involvement extended to the data sources and BRICS tax cooperation tool, focusing on exchanging technological solutions and experiences to develop tax work and services.
Egypt had a notable presence in the BRICS women's network in taxation, co-leading the work-life balance axis with India. Egypt presented practical strategies for achieving balance and prioritizing tasks, supporting working women's professional development in tax administrations. The Egyptian Tax Authority also participated in the tax support network and BRICS tax knowledge center.
The tax knowledge center aims to provide and exchange information on member states' tax systems, supporting tax awareness and the investment environment. Egypt provided information on its tax system, procedures, and electronic services to be included in the shared knowledge content. This effort reflects Egypt's commitment to enhancing tax cooperation and sharing expertise within BRICS.
The Egyptian Tax Authority's representatives at the expert meetings include Dr. Abdel Razek Shoukry, Assistant to the Authority Head and Director General of the Head's Office, and Dr. Afaf Ibrahim, Assistant to the Authority Head and Director General of International Agreements. Egypt will continue its participation in the expert meetings to discuss the remaining working groups and cooperation paths.
The Egyptian Tax Authority's active participation in BRICS tax cooperation demonstrates its commitment to leveraging international partnerships for tax development and knowledge sharing. By engaging in these collaborative efforts, Egypt aims to enhance its tax administration and contribute to the growth of a more efficient and effective global tax environment.
Key points
- Egypt and India co-lead the work-life balance axis in BRICS tax cooperation.
- The Egyptian Tax Authority participates in BRICS tax expert meetings to exchange experiences and best practices.
- Egypt shares its tax system information and electronic services within the BRICS tax knowledge center.
