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بوابة أخبار اليوم
Tax Authority Unveils New Incentives for Securities
The Egyptian Tax Authority has launched a new package of tax incentives to stimulate the stock market and support the economy. This includes amendments to tax laws aimed at reducing double taxation and encouraging companies listed in the stock exchange. Capital gains earned from the disposal of listed securities are now exempt from income tax and are subject only to stamp duty. Additionally, transactions involving the sale of unlisted securities have been excluded from stamp duty, and the activity of "market makers" has been exempted from this tax, in order to support stock market performance and increase trading volume. The goal of these amendments is to enhance transparency and simplify tax calculations for capital gains resulting from trading securities.
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