{"id":595650,"date":"2019-08-01T04:35:19","date_gmt":"2019-08-01T04:35:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/01\/el-sisi-ratifies-law-keeping-stamp-tax-on-egypts-stock-transactions-unchanged\/"},"modified":"2019-08-01T04:35:19","modified_gmt":"2019-08-01T04:35:19","slug":"el-sisi-ratifies-law-keeping-stamp-tax-on-egypts-stock-transactions-unchanged","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/01\/el-sisi-ratifies-law-keeping-stamp-tax-on-egypts-stock-transactions-unchanged\/","title":{"rendered":"El Sisi ratifies law keeping stamp tax on Egypt\u2019s stock transactions unchanged"},"content":{"rendered":"

President Abdel Fattah El Sisi has signed into law a recently-passed bill keeping the provisional stamp tax on EGX transactions unchanged at 0.15%, according to the Official Gazette (pdf)<\/a>. The House of Representatives gave its final nod to the bill last month<\/a>. The tax was scheduled to increase to 0.175% on 1 June as part of a plan to hike it annually over a three-year period, but the Finance Ministry called off the increase<\/a> in a move designed to ease the financial burden on traders.<\/p>\n","protected":false},"excerpt":{"rendered":"

President Abdel Fattah El Sisi has signed into law a recently-passed bill keeping the provisional stamp tax on EGX transactions unchanged at 0.15%, according to the Official Gazette (pdf). The House of Representatives gave its final nod to the bill last month. The tax was scheduled to increase to 0.175% on 1 June as part […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9344],"tags":[72,963,2375,69],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-595650","post","type-post","status-publish","format-standard","hentry","category-legislation-policy","tag-enterpriseam","tag-law","tag-legislation-policy","tag-tax","wpautop","entry"],"acf":{"mongo_id":"f9e0011e-bc7a-4d1a-a9eb-09208acda517","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[595616],"teaser":"","voice_url":""},"yoast_head":"\nEl Sisi ratifies law keeping stamp tax on Egypt\u2019s stock transactions unchanged - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/01\/el-sisi-ratifies-law-keeping-stamp-tax-on-egypts-stock-transactions-unchanged\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"El Sisi ratifies law keeping stamp tax on Egypt\u2019s stock transactions unchanged\" \/>\n<meta property=\"og:description\" content=\"President Abdel Fattah El Sisi has signed into law a recently-passed bill keeping the provisional stamp tax on EGX transactions unchanged at 0.15%, according to the Official Gazette (pdf). The House of Representatives gave its final nod to the bill last month. The tax was scheduled to increase to 0.175% on 1 June as part […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/01\/el-sisi-ratifies-law-keeping-stamp-tax-on-egypts-stock-transactions-unchanged\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-01T04:35:19+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/01\/el-sisi-ratifies-law-keeping-stamp-tax-on-egypts-stock-transactions-unchanged\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/01\/el-sisi-ratifies-law-keeping-stamp-tax-on-egypts-stock-transactions-unchanged\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"El Sisi ratifies law keeping stamp tax on Egypt\u2019s stock transactions unchanged\",\"datePublished\":\"2019-08-01T04:35:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/01\/el-sisi-ratifies-law-keeping-stamp-tax-on-egypts-stock-transactions-unchanged\/\"},\"wordCount\":95,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"law\",\"Legislation + Policy\",\"tax\"],\"articleSection\":[\"Legislation + Policy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/01\/el-sisi-ratifies-law-keeping-stamp-tax-on-egypts-stock-transactions-unchanged\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/01\/el-sisi-ratifies-law-keeping-stamp-tax-on-egypts-stock-transactions-unchanged\/\",\"name\":\"El Sisi ratifies law keeping stamp tax on Egypt\u2019s stock transactions unchanged - 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The new legislation changes up the tax treatment for a handful of services and\u2026","rel":"","context":"In "LEGISLATION WATCH"","block_context":{"text":"LEGISLATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/7.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":598994,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/16\/bourse-misr-clearing-to-refund-additional-stamp-tax-payments-when-house-approve-amendments\/","url_meta":{"origin":595650,"position":1},"title":"Bourse, Misr Clearing to refund additional stamp tax payments when house approve amendments","author":"enterpriseam admin","date":"16 June 2019","format":false,"excerpt":"Traders can expect stamp tax refunds when the House approves scrapping the recent increase: The EGX and Misr for Central Clearing, Depository and Registry will refund investors who paid the newly increased stamp tax that came into effect this month when the House of Representatives approves a bill canceling the\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596955,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/14\/busy-few-days-at-egypts-house-as-reps-prep-for-summer-recess\/","url_meta":{"origin":595650,"position":2},"title":"Busy few days at Egypt\u2019s House as reps prep for summer recess","author":"enterpriseam admin","date":"14 July 2019","format":false,"excerpt":"LEGISLATION WATCH- House gives final nod to keeping stamp tax on EGX transactions at 0.15%: The House of Representatives\u2019 general assembly voted in favor of keeping the provisional stamp tax on EGX transactions unchanged at 0.15% on Thursday, Arabic Reuters reports. 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