Egypt lowers industrial energy costs, bourse stamp tax – ZAWYA

Egypt lowers industrial energy costs, bourse stamp tax – ZAWYA

Egypt lowers industrial energy costs, bourse stamp tax. Electricity prices for industrial purposes will be fixed for the coming three to five years, he pointed out.. Stamp taxes on transactions on the Egyptian Exchange (EGX) will be reduced to 0.125% from 0.15% for non-residents and to 0.05% from 0.15% for residents.. Taxes on dividends from listed companies was lowered by 50% to 5%.. The government also announced that factories and tourism facilities will be given a three-month grace period for real estate tax payment..