Egypt's Ministry of Finance has published English-language guidelines on the tax treatment of capital gains realized from the sale or disposal of shares not listed on the Egyptian Stock Exchange by non-residents as per Ministerial Decree No. 610 of 2020. The guidelines cover sales or disposals of unlisted shares by both natural and legal (judicial) persons. Some of the key points include the following:
The applicable tax rates on net taxable capital gains from the sale or disposal of unlist…