Abdallah Adly

last updated 1/3/2018

Abdallah El Adly

Partner - Tax Services Leader at PricewaterhouseCoopers LLP

Location:
300 Madison Avenue, 24th Floor, New York City, New York, United States
HQ Phone:
(646) 471-4000

General Information

Experience

Assistant Manager - Orascom Development Holding AG

Senior Associate - PWC

Head of Tax Division - Mostafa Shawki & Co

Recent News  

Tarek F. Mansour, PwC Egypt Chairman, PricewaterhouseCoopers - AmCham Egypt Inc

Abdallah El Adly
Tax Services Leader Tel: (20-2) 2759-7700 Fax: 27597711

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AmCham Egypt - Publications - Business monthly -March 2010 - Feature

They hire a good adviser and auditor, and go on with their core business," says Abdallah El Adly, a tax services partner at PricewaterhouseCoopers.
El Adly believes the Egyptian system has a lot to offer. "Regionally, other countries, such as Lebanon, might have lower taxes," he says, "but Egypt's strength lies in the way it manages the implementation process.

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bt - Full Story

While the role of accountants is more straightforward under the new taxation system, PricewaterhouseCoopers tax services partner Abdallah Al-Adly warns, "I think that the accountants that are reviewing and approving [tax returns] now have more responsibility because their role is more critical due to the potential punishment." The audits will be based on that year only unless there is evasion," says PwC tax partner Abdallah Al-Adly. "This should make it far more fair, and with the majority of them [the Appeal Committee] from outside the Tax Authority, it will be less collection-oriented," says Al-Adly, who welcomes the imposition of firm deadlines even as he suggests they are a bit too tight to be practical and could thus force the Internal Committee to rush through judgments on cases that might otherwise demand additional study."However, a three-year grace period will be given if a company has undergone key establishment steps under the old incentive laws, such as registering the company, buying land, or importing machinery , even if it hasn't yet started operations," explains Al-Adly.

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