Tax
From The Report: Jordan 2014
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This chapter contains an overview of the tax framework in which local and foreign investors operate including an introduction to a new investment law aimed at improving tax governance, an examination of the various treaties that have been established with partner countries and a breakdown of general sales tax and special sales tax.

This chapter contains a viewpoint from Ali Samara, Partner, EY Jordan.

Articles from this Chapter

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 a raft of different measures to support local businesses and promote investment in the kingdom,…

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 be able to strengthen its standing as a stable, competitive and sustainable economy that promotes progress…