Beta This part of GOV.UK is being rebuilt – find out what this means

HMRC internal manual

Double Taxation Relief Manual

From
HM Revenue & Customs
Updated
, see all updates

Egypt: Interest

Interest arising in Egypt, derived and beneficially owned by a United Kingdom resident, may be taxed in Egypt at a rate not exceeding 15 per cent (Article 11(2)). However, where the interest is paid in respect of a loan guaranteed by the United Kingdom Export Credits Guarantee Department, it is exempted from Egyptian tax (Article 11(4)).