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4.3. Branch Profit (Deemed Remittance) Tax

Unless a tax treaty provides otherwise, the after-tax profits of the Egyptian branch or permanent establishment of a non-resident entity are deemed remitted to the head office within 60 days from year-end. The deemed remittance is equated with a dividend distribution and attracts tax at the 10% (5% until 30 September 2020) dividend withholding tax rate.