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.
