Andrew Yacoub

Andrew Yacoub wrote:

Eric Kegya wrote: Can you share with us how your jurisdiction treat debt buying in terms of tax? What is the tax rate?

Andrew Yacoub wrote: Hello Eric,

In Egypt, nothing is specifically mentioned in the Egyptian Tax Law regarding the transfer of debt (selling or buying). Notwithstanding the above, the WHT cost should be transferred consequently to the new debt...

Eric Kegya wrote: Can you share with us how your jurisdiction treat debt buying in terms of tax? What is the tax rate?