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    Finance Ministry finalises amendments to General Sales Tax Law-

    June 20, 2021
    finance & economy

    AMMAN — The Income and Sales Tax Department has completed a 2021 draft law amending the General Sales Tax Law.

    The draft law, which was submitted by the Ministry of Finance to the Prime Ministry, aims to accord with international practices in the concept of imposing sales tax on goods and services by approving the principle of supply, the Jordan News Agency, Petra, reported on Saturday.

    The draft law seeks to contribute to reducing tax evasion and avoidance by addressing some loopholes that some taxpayers may resort to, and addresses the problem of delays in disbursing sales tax refunds, where these refunds are paid from the tax value itself instead of making allocations for these refunds.

    jordantimes

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