Egypt exempts listed securities’ capital gains from income tax to boost stock market

Egypt has introduced legislative amendments to exempt capital gains on listed securities from income tax, subjecting them solely to a proportional stamp duty, the head of the Egyptian Tax Authority announced. The move aims to enhance the competitiveness of the stock market and attract further investments. Rasha Abdel Aal, head of the Egyptian Tax Authority, […] The post Egypt exempts listed securities’ capital gains from income tax to boost stock market first appeared on Dailynewsegypt.