EGX imposes 0.001 tax on all transactions

Egyptian Stock Exchange Administration announced that it has imposed 0.001 stamp tax on all sell and buy transactions for both Egyptian and foreign stocks, Egypt News reported.

EGX added that, Misr Company for Central Clearing, Depository & Registry (MCDR) will collect and deliver the tax to Tax Authority within 15 days starting from the next month of transaction.

https://www.arabfinance.com/News/newsdetails.aspx?Id=253782

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