Finance minister modifies income tax, stamp duty
Finance Minister Amr el Garhi
Cairo - Egypt Today
Finance Minister Amr el Garhi issued two decisions to amend the income taxe and stamp duty.
According to the decisions, the ceiling of the income tax exemption was raised to EGP7200, in addition to tax deductions.
The decision aims at assures justice to the low income people.
The stamp duty law was modified to include additional four articles, such as excise stamp duties on all the stocks transactions whether they were registered in the stocks exchange market or not.
Source: Mena
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