Senate committee approves Sales Tax Law

1. Senate
(File photo: Jordan News)
AMMAN  — The Senate’s Finance and Economic Committee, headed by Jamal Al-Sarayrah approved amendments to the General Sales Tax Law 2021, as referred by the Lower House, according to the Jordan News Agency, Petra.اضافة اعلان

Speaking at the committee’s meeting, which was attended by Finance Minister Mohammad Al-Ississ, Sarayrah said the amendments seek to achieve reform in mechanisms to pay tax to align with global practices and reduce tax evasion.

Sarayrah said the committee agreed to develop a set of recommendations on the draft, which would be then submitted to the Upper House for deliberation.

The draft law, per its mandating reasons, seeks to reduce tax evasion, by addressing loopholes used by some taxpayers, and tackling problems related to delay in refunding sales tax.

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