Egypt amends Income and Stamp Tax Laws - Ernst …

Executive summaryThe Egyptian Government has enacted Laws No. 76 and 82 of 2017, introducing certain amendments to the Income Tax Law No. 91 of 2005 and the Stamp Tax Law No. 111 of 1980. This Alert summarizes the key features of the new discussionSuspension of capital gains tax on listed securitiesThe suspension of tax on capital gains resulting from trading in securities listed in the stock exchange is extended for a period of three years ending on 16 May on deferral of capital gains tax from the revaluation of Egyptian entity because of change in legal structureRevaluation of Egyptian entities resulting capital gains arising from changes in the legal structure of corporate entities stipulated in Article (53) of the Income Tax Law No. 91 of 2005 are amended to cancel the following two items:13 July 2017 Global Tax AlertEgypt amends Income and Stamp Tax LawsEY Global Tax Alert LibraryAccess both online and pdf versions of all EY Global Tax into your web Tax Alert Acquisition of 33% or more of the shares or voting rights in terms of number or value of a residential company against shares of the acquired company.

Executive summary The Egyptian Government has enacted Laws No. 76 and 82 of 2017, introducing certain amendments to the Income Tax …

Tags:

  Income, Ernst, Egypt, Named, Stamp, Egypt amends income and stamp tax

Information

Related search queries