Jordan: Income Tax Fine Exemptions Extended
Type
E-journal
Date
30 Mar 2015
Jurisdiction
Jordan
Taxonomy
General Tax Law, Taxes Management
Copyright
LexisNexis
Legal reference
Jordan Decision No. 7156/2014
Analysis
Jordan's Income and Sales Tax Department has called on taxpayers to pay any outstanding payments on Monday and Tuesday to benefit from the fine exemptions recently agreed by the Cabinet.
The Department issued a statement highlighting the amendments introduced last week to the exemptions from fines stemming from outstanding tax payments to include taxes due for 2014.
The Jordanian Cabinet issued Jordan Decision No. 7156/2014 agreeing 100% exemption from fines for any outstanding tax payments to encourage tax payers with late payments to pay the original amount without any extra charges or fines before the end of March 2015.
Exemptions of between 75 and 50% are offered for payments made before June 2015 and September 2015 respectively.
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