Finance ministry committed to delaying capital gain taxes
The Finance Ministry
Cairo - MENA
The Finance Ministry stressed on Thursday its commitment to deferring capital gain taxes on shares registered in the Egyptian Exchange for three years as of May 16, 2017.
This move comes in line with the Supreme Investment Council decisions, the ministry said in a statement.
The three-year postponement decision will be introduced to the new income tax bill which will be later referred to the parliament for approval, the statement added.
The ministry is keen on having these amendments approved as soon as possible, the statement concluded.
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Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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