Tax sukuk rules, parameters being finalised ahead of launch within weeks: ETA chief

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The Egyptian Tax Authority is finalizing rules for tax sukuk issuance, including the rate of return, ahead of its planned launch as a new financing instrument for taxpayers in the domestic market. The launch is expected within weeks.

Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), said the rules and parameters governing the proposed tax sukuk, including their rate of return, are currently being finalised ahead of their planned launch as a financing instrument for taxpayers in the domestic market within weeks. Abdel Aal said returns on the sukuk will be […] The post Tax sukuk rules, parameters being finalised ahead of launch within weeks: ETA chief first appeared on Dailynewsegypt.