Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
The Egyptian government is working on amending the payment method of a new tax on stock dividends and capital gains, the finance minister said Thursday, dampening market expectations of any big changes to the unpopular levy.President Abdel-Fattah al-Sisi approved a law imposing a 10 percent tax on stock dividends and capital gains last July as part of efforts to overhaul an economy battered by years of political turmoil.Although the law was approved in July, the "executive regulations," which stipulate how it will be applied, were not published until this month and investors say there are many ambiguities.
FOLLOW THIS ARTICLE