Egypt to replace capital gains tax with stamp duty to boost stock market
Egypt will replace the capital gains tax on securities transactions with a stamp duty and offer tax incentives for…
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capital gains tax
Egypt plans stamp tax to replace capital gains tax on stocks
Egypt plans to replace the capital gains tax on stock market transactions with a stamp tax and introduce incentives…
Egypt extends tax relief initiative deadlines
Finance Minister Ahmed Kouchouk has issued a decision granting unregistered taxpayers an additional three-month…
Italy to raise capital gains tax on bitcoin to 42%
Italy plans to raise the capital gains tax on bitcoin to 42 per cent from the current 26 per cent, aiming to fund…
Egypt explores changes to capital gains tax to allure investments – minister
Minister of Investment and Foreign Trade, Hassan El-Khatib met on Sunday with Ahmed El-Sheikh, Chairman of the…
Egypt cuts dividends tax on bourse-listed firms to ease coronavirus impact
Egypt on Tuesday has cut a tax on dividends for companies listed on its stock exchange (EGX) to 5 percent in an…
Egypt to not impose capital gains tax
The Egyptian government has negated reports of considering a new capital gains tax (CGT).
Egypt extends capital gains tax freeze for 3yrs, approves stamp duty on stocks
The Egyptian government has approved on Tuesday the extension of a freeze on a capital gains tax for three years…
IMF staff report: Egypt to impose stock market tax in May
Egyptian government is to reinstate the temporarily suspended capital gains tax for companies listed in the local…
Egypt extends suspension of capital gains tax on stock market
Egypt has extended the suspension of a capital gains tax on the local stock market until May 2017. The decision,…
Egypt lowers top tax rate and freezes capital gains tax
Egypt lowered the top tax rate and the threshold for companies and individuals in high income brackets on Sunday…
Egypt stocks shed $5.2bn in market cap over week
Egypt’s stock market encountered weekly heavy losses worth 40.8 billion Egyptian pounds (US$5.2 billion) sparked by…
Egypt To Issue Amendments To Capital Gains Tax Within Two Weeks
Egypt will start lowering the tax ceiling for companies and individuals in high income brackets and freeze a 10…
Egypt Stocks slump on Profit-taking move, EGX30 falls 0.78pct
Egypt's stock market fell Monday to incur losses worth 2.5 billion Egyptian pounds (US$327.7 million) driven by…
Egypt Stocks resume Rally, end week with EGP4 billion Gains
Egypt's stocks resumed on Thursday their broad rally amid the delay of a controversial a capital gains tax. The…
Egypt Stocks rally for Second Day on Tax Suspension
Egypt's stocks posted gains on Tuesday worth 1.15 billion Egyptian pounds (US$150.7 million) backed by local and…
Egypt Stocks ascend to 2-year high as Bourse Tax shelved
Egypt’s stock market soared Monday to two-year high gaining 20 billion Egyptian pounds (US$2.6 billion) as…
Egypt Stock Market climbs 6.5% at Midday on Tax News
Egypt’s stocks extended its upward trend at Monday’s midday trade, posting gains worth 13.6 billion Egyptian pounds…
Trading suspended after Egypt Benchmark jumps 5% on Tax News
The Egyptian stock Exchange (EGX)’s management decided to suspend Monday’ session for thirty minutes after the…
BREAKING: Egypt holds Capital Gains Tax on Bourse for two years
The Egyptian Cabinet decided to suspend 10 percent tax on capital gains for two years but a 10 percent tax on stock…
Grumpy Investors over Cap Tax take Egypt Stocks 4-month Lower
Egypt’s stock market plunged Tuesday to a four-month low on local investors’ broad selloff angered by the…
Income And Capital Gains Tax Revenues Register LE7.8 M In July, August
The budget revenues have increased in July and August by 0.7% to register LE 34.4 billion, the Ministry of…
Egypt Stocks Gain EGP1.3bn at Midday, EGX30 Hits 8455
Egypt's stocks increased during midday session on Monday, posting gains worth 1.3 billion Egyptian pounds bolstered…
Egypt To Start Implementing Capital Gains Tax On Sunday
Egypt will start implementing a new capital gains tax on Sunday after the law was printed in the official gazette…
Egyptian Stocks up at Open, EGX30 Hits 8240 on Foreign Buying Appetite
Egypt's stocks opened higher on Thursday with gains amounting to 3.8 billion Egyptian pounds triggered by foreign…
Citadel Capital divests Sphinx Glass for $73 million
In a statement to the stock market on Thursday, Egypt's leading investment company Citadel Capital announced that…
Egypt Stocks Lose EGP15.2 billion in Week
In a week which witnessed the formation of Egypt's new government alongside the regulatory approval on…
Capital Gains Tax ‘Pivotal’ to Egypt’s Budget; Says Investment Minister
The capital gains tax on the stock market is pivotal to finance Egypt's budget, said the newly-appointed Investment…
Egypt’s President to Endorse New Stock Market Gains Tax Today
Egyptian Minister of Industry, Foreign Trade and Investment Mounir Fakhry Abdel Nour, said Monday the government…
In May, Egypt Shares Lose EGP1.7 billion
In May, Egypt bourse incurred losses worth 1.7 billion driven by the recently announced tax on capital gains. In…
Egypt Approves 10% Capital Gains Tax on EGX Profits, Dividends, Bonus Shares
Egypt, which is struggling to cut the Middle East’s highest budget deficit, has approved the introduction of a 10%…
Egypt Cabinet Unveils Long-Awaited Economic ‘Reform’ Program
Egypt’s Cabinet on Wednesday unveiled its economic reform program, upon which a proposed $4.8 billion loan from the…