Egyptian gov’t studies raising stamp tax duties on insurance, construction, mining sectors

** #1 EXCLUSIVE- Gov’t studies raising stamp tax on select activities in insurance, construction, mining sectors: The government is studying raising the stamp tax payable for select activities in sectors including insurance, real estate and mining, Finance Ministry sources told Enterprise. The proposal would see higher stamp tax rates paid to take out building permits, mining licenses and insurance policies. It would be the first stamp tax increase on those activities since 2006, one of the sources noted. The news comes a day after we reported that officials are mulling whether to scrap a fee on new mobile lines in favor of a new service fee or hiking the stamp tax on mobile phone bills.