There were 22 results found for Jordan and Taxation

There were 22 results found.

Viewpoint

Bishr Baker, Managing Partner, EY, Jordan and Iraq, on Jordan’s energy challenges: Viewpoint
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Progressive and proactive, Jordan’s stance on energy is a product of necessity. Turbulence within the region has created waves that have burdened economies, including Jordan’s, with a trade deficit. Jordan currently imports over 95% of its energy requirements, and the loss of reliable and cheap energy supplies from Egyptian gas lines means that the kingdom has had to revert to the use of fuel…

Chapter

The Report: Jordan 2015: Tax
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This chapter contains an overview of the tax framework within which local and international investors operate in Jordan, including a look at a newly enacted corporate income tax, a rundown of the incentives on offer to encourage free zone investment and an explanation of the social security law amendment. This chapter contains a viewpoint with Bishr Baker, Managing Partner, EY, Jordan and Iraq…

Overview

Building a responsive and efficient tax regime
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Over the past decade, Jordan’s business environment has experienced significant and rapid changes in terms of both its complexity and competitiveness in global markets. Increased demand for qualified labour, coupled with growing international competition for resources, have forced Jordanian businesses to remain flexible and become more resourceful. The government has worked diligently at implementing…

Viewpoint

Tackling obstacles: Ali Samara, Partner, EY Jordan, on real solutions for the kingdom’s revenue shortage
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The kingdom’s economy relies heavily on tax revenues and foreign aid to secure the funds required to provide public services. In order to increase tax revenues, and consequently reduce dependence on foreign aid, the government should allocate resources towards increasing the efficiency of the tax system, and encourage compliance at both the corporate and individual level. By doing so, Jordan will…

Chapter

The Report: Jordan 2014: Tax
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…

Country Report

The Report: Jordan 2014
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A number of Jordan’s key economic indicators have improved over the last year and GDP is forecast to grow by 3.5% in 2014. Jordan’s reliance on energy imports is being addressed with increased focus on domestic oil shale reserves and nuclear energy, while plans to build a pipeline through the country from Iraq will provide a stable oil supply at discounted rates. Jordan’s expanding pop

Viewpoint

Yasmeen Muhtaseb, Partner, Advisory Services, Ernst & Young Jordan, on identifying vulnerabilities through regular reviews
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Jordan's risk profile is remarkably consistent despite being situated in a dynamic political and economic environment. The kingdom remains a medium-sized economy in a regional market with high growth potential; its largest challenge stems from the persistent global economic slump. Political instability in key neighbouring markets has increased pressure on the economy, but investors who demonstrate…

Overview

Reform and resilience: New investment tools proposed within the tax system
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During the previous decade, Jordan witnessed significant economic reforms designed to stimulate growth and increase the flow of foreign direct investment (FDI) into the country. Policy changes, combined with the rise of Jordan as a stable environment in which companies can operate, had transformed the country into an attractive investment area in the region. Such policies include domestic investment…

Chapter

The Report: Jordan 2013: Tax
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Ranked 10th among MENA countries for doing business, a new Investment Law looks set to offer further incentives for foreigners doing business in Jordan. Policy changes, combined with the rise of Jordan as a stable environment in which companies can operate, have transformed the country into an attractive investment area in the region. Investment incentives take the form of exemptions from income tax…

Viewpoint

Bishr Baker, Managing Partner, Ernst & Young (EY) Jordan & Iraq, on the lessons that can be learned from high performers in the new economy
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Unpredictability, government austerity and low growth projections for the global economy may be the norm for the next few years. To survive, sustain and grow in the adverse economic conditions since the credit crunch of 2007, companies have had to dispense with old assumptions and adopt more innovative practices to maintain their competitive edge. In 2012 many countries in the Middle East…

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There were 22 results found for Jordan and Taxation

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