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Egypt Amends Tax Laws for New Capital Gain, Stamp Tax and Personal Tax Rules

|Approved Changes|Egypt
Egypt

The Egyptian Government has approved Tax Laws 76 and 82 of 2017, which amend the Capital Gains Rules, the Stamp Duty and the Personal Income Tax:

  • Prior to the amendment, Capital Gains for Egyptian residents who transferred listed securities were exempt from tax until May 16, 2017;  the amendment extended this exemption another 3 years to May 16, 2020.  
  • The amendments also…

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