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%|
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.