AMMAN — The Senate on Tuesday endorsed the amended
Aqaba Special Economic Zone (ASEZ) law as passed by the Lower House, according
to the Jordan News Agency, Petra.
The amendments aim to unify customs management at the port
city, giving more powers to the Customs Department within the ASEZ borders to
detect and investigate customs crimes and collect taxes, fees, fines, and
service duties.
The law also grants the Income and Sales Tax Department new
powers to audit, calculate and collect the income and sales taxes, and the ASEZ
tax, in addition to increasing the revenue percentage of the authority of the
ASEZ from income and sales taxes.
Read more Business
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AMMAN — The Senate on Tuesday endorsed the amended
Aqaba Special Economic Zone (ASEZ) law as passed by the Lower House, according
to the Jordan News Agency, Petra.
The amendments aim to unify customs management at the port
city, giving more powers to the Customs Department within the ASEZ borders to
detect and investigate customs crimes and collect taxes, fees, fines, and
service duties.
The law also grants the
Income and Sales Tax Department new
powers to audit, calculate and collect the income and sales taxes, and the ASEZ
tax, in addition to increasing the revenue percentage of the authority of the
ASEZ from income and sales taxes.
Read more Business
