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Tax Advisor: New Measures to Boost Stock Market Investments
The Egyptian Tax Authority assured that the government is adopting a package of tax and legislative incentives aimed at stimulating the capital market and facilitating the listing of companies and trading of their shares in the stock exchange. These incentives include a 15% tax deduction for listed companies and exemption from stamp duty, all designed to encourage investment and increase liquidity. Additionally, tax benefits have been granted to market makers to promote economic activity and attract both domestic and foreign investments.
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