Overall Tax Revenue Down 2.2%, Sales Tax Yields Up to JOD705m

تم نشره في Tue 16 May / May 2017. 12:00 AM
  • Ministry of Finance Amman - (Archives)

AMMAN —AlGhad— Overall revenue from taxation for the first quarter of the current year, Q1-2017, has declined by 2.25 per cent, approximately JOD23.5 million, to JOD1.019 billion, compared to JOD1.042 billion in Q1-2016, according to the Ministry of Finance’s bulletin.

Meanwhile, yields from sales taxation has increased by 2.4 per cent, compared to the first quarterly figures of 2016, to JOD705.9 million.

Revenues from income taxation, however, has dropped 15.5 per cent, to JOD208.6 million, in comparison.

In General, public revenues from taxation in Q1-2017 comprises 67.3 per cent of the Kingdom’s public income until March, which stands at JOD1.512 billion in total.