IBM Consulting helping Egypt’s government with tax system overhaul

IBM Consulting helping Egypt’s government with tax system overhaul

Egypt’s government is working with IBM Consulting on a large digital overhaul of its national tax system.

As part of a major modernisation drive, the Egyptian central government is working on a long-term agenda to enhance the way the Ministry of Finance receives taxes from businesses and individuals, while expanding the tax base through further integration of the informal economy into the formal economy.

Illustrating just how important the overhaul is for the government – according to official statistics from Egypt’s Ministry of Finance, taxes represent more than 75% of the state’s general revenues.