Country Profile: Egypt

Tax to GDP ratio: 14.19

Financial Transactions Tax (FTT): Yes – tax in place

A stamp duty tax on the total value of purchases and sales of securities of all kinds whether listed or not, no matter whether the securities were Egyptian or foreign, and without deducting any costs is levied on both the buyer and the seller of shares traded on the Egyptian Exchange (EGX) at a current rate of .175%.

Source: Centre for Economic and Policy Research

Aviation: No tax in place

There are no aviation ticket taxes. However, Egypt has a departure tax, also known as an exit fee, for individuals leaving the country. The fee is EGP 100 for most travellers, but tourists departing from specific governorates (Red Sea, South Sinai, Luxor, Aswan, and Matruh) pay a reduced fee of EGP 50.

Source

Carbon Price: No carbon pricing instrument in place

Oil and Gas Revenues

  • Total government revenue from oil & gas in 2022: $2 billion
  • Share of oil & gas activity covered: 55.6%

Source: PBPR

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