The Ministry of Finance announced recently that taxpayers under the administration of the Large Taxpayers' Office (LTO) may file their tax returns electronically via a dedicated website which is operational as of 21 July 2013. The introduction of the e-filing procedure is part of a comprehensive strategy of the Ministry of Finance which aims at enhancing the quality of services provided to businesses. Taxpayers entitled to the e-filing procedure Currently, the e-filing procedure is available only for large taxpayers. Although the procedure is voluntary at the time being, it is expected to become mandatory in the future. The benefit of...