Tax rates under the new law are as follows:

Annual Income Tax Rate
Up to LE 6,500 Tax exempt
LE 6,500  up to LE 30,000 10%
LE 30,000 up to LE 45,000 15%
LE 45,000 up to LE 200,000 20%
LE 200,000 22.5%

In general, dividends distributed by corporations and partnerships, including companies established under special economic zones, will be taxed at 10%. The tax rate on capital gains generated from trading in securities listed on the Exchange shall be 10%. A temporary additional annual tax of 5% shall be imposed for the current tax year on the annual taxable income of natural persons and on profits of Juridical persons exceeding one million Egyptian pounds.

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