On Jan. 18, EGY Tax issued statement on electronic receipt system.
On Jan. 18, EGY Tax issued statement for financiers re dealing with e-receipt system.
Follows EGY Tax Jan. 2024 statement on the electronic invoice system, see #197946.
Overview
Financiers obligated to sub-phases third and fourth of fourth main phase of e-receipt system must commit to issuing e-receipts to services performed to the final consumer.
E-receipt must be issued as per technological operating conditions as of Feb. 1, 2024.
Jan. 28, 2024 Updates
On Jan. 28, 2024, EGY Tax reminded third and fourth sub-stages financiers of dealing with electronic receipt system in the actual operating environment as of Feb. 1, 2024.
E-receipt system is e-invoice system extension complementing digital transformation.
E-invoice system is concerned with B2B transactions issuing tax invoice between firms.
The E-receipt system is a system for monitoring commercial operations between the merchant and final consumer by technical integration with accounting systems devices.
Mar. 24, 2024 Updates
On Mar. 24, 2024, EGY Tax issued Decision 139/2024 re fourth main stage of electronic receipt system obligating financiers to issue e-receipts by May 15, 2024.
Financiers bound by Decision 139 must adhere to technological operating conditions specified by Egyptian Tax Authority and necessary for issuing electronic tax receipts.
Decision shall be published in the official gazette, and effective on the next day.
Apr. 22, 2024 Updates
On Apr. 22, 2024, EGY Tax reminded of the fourth main stage committing financiers to issuing electronic receipts in the actual operating environment as of May 15, 2024.
Stressed the need for them to adhere to technological conditions specified by EGY Tax.
Enable EGY Tax to follow up on all the commercial transactions for goods and services between financiers and consumers via electronic integration with accounting systems.
Apr. 30, 2024 Reminder
On Apr. 30, 2024, EGY Tax reminded of the fourth main stage committing financiers to issuing electronic receipts in the actual operating environment as of May 15, 2024.
Also reminded of facilities and technical support for financiers to join e-receipt system.
Stressed need for financiers to commit to issuing e-receipts so that legal measures are not taken against them in line with the provisions of the Unified Tax Procedures Law.
Authority will provide full support to taxpayers obligated to join the e-receipt system.
Jul. 25, 2024 Fifth Main Phase
On Jul. 25, 2024, EGY Tax issued Decision 302/2024 re fifth main stage of electronic receipt system obligating financiers to issue electronic receipts by Sep. 15, 2024.
Obligated taxpayers to issue e-receipts on actual operating environment for services provided or goods sold to the final consumer and register on incentive program portal.
Oct. 2024, Sixth Main Phase
On Oct. 5, 2024, EGY Tax issued Decision 396/2024 re the first sub-phase of the sixth main phase of the electronic receipt system; e-invoice issuance from Nov. 15, 2024.
