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Egypt To Issue Amendments To Capital Gains Tax Within Two Weeks

by Amwal Al Ghad English

Egypt will start lowering the tax ceiling for companies and individuals in high income brackets and freeze a 10 percent tax on capital gains within two weeks, Finance Minister Hany Dimian told Reuters.

“We await the issuing of the amendments … within a few days; one or two weeks at the most,” he said.

Source: Reuters

 

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