Egypt set to levy new tax

April 2017

A new stamp tax on stock market transactions will be introduced in May. The new tax will levy 0.3 per cent on investors acquiring more than 33 per cent of a company. This is in addition to the 0.125 per cent tax imposed on buyers and sellers of stocks, rising to 0.150 per cent in the second year and 0.175...

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Egypt set to levy new tax

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