Politics
Egyptian Parliament Approves Stamp Tax to Replace Capital Gains Tax on Stock Exchange Transactions
July 13, 2026 at 05:55 PM
Coverage
Egypt's parliament has approved a law substituting a 0.05% stamp tax on securities transactions for the capital gains tax, pending presidential ratification.
- Parliament approved the stamp tax law amendments in a final vote on June 23, 2026.
- The new law imposes a 0.05% stamp tax on both buyers and sellers of securities listed on the Egyptian Exchange, without deducting any costs.
- The tax rate on same-session trading (day trading) has been reduced to 0.025% per buyer and seller.
- The law exempts market-maker companies and listed investment documents from the tax to avoid double taxation.
