Egypt imposes 10 pct tax on capital gains, dividends - statement

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Tue, 01 Jul 2014 - 04:15 GMT

BY

Tue, 01 Jul 2014 - 04:15 GMT

Egypt's president approved a law on Tuesday imposing a new 10 percent tax on capital gains and stock dividends as the country seeks to rebalance public finances and revive an economy battered by over three years of political turmoil.

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