Gov’t Post Uniform Sales Tax at 16%

تم نشره في Sun 8 January / Jan 2017. 01:00 AM
  • Minister of Finance Omar Malhas

AMMAN —AlGhad— The Ministry of Finance, during a parliamentary session today, Sunday, on the 2017 Budget Bill, announced the posting of a unified sales taxat, at 16 per cent, removing all previous exemptions, including the Zero Tax discounts, 4, and 8 per cent taxation categories on commodities and services.

These amendments, excluding exemptions on basic foodstuff, medicine and input materials, child nutrition, school equipment, as well as hybrid and electric cars, are part of the economic reformation programme, and should result in JOD450 million by the end of 2017 in revenues.