Tax
From The Report: Jordan 2018
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This chapter contains an overview of the tax framework in which local and foreign investors operate in Jordan including a look at the changes to the tax code that are currently underway and a breakdown of the investment incentives available in the country’s special economic zones. This chapter contains a viewpoint from Osama Shakhatreh, Assurance Partner, Ernst & Young Jordan.

Articles from this Chapter

Overview

Encouraging investment: A more responsive and efficient tax regime is incentivising investment
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Over the past decade Jordan’s business environment has experienced significant and rapid changes in terms of 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

Rising standards: Osama Shakhatreh, Assurance Partner, Ernst & Young Jordan, on the effects of the upcoming international accounting standard
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Viewpoint:Osama Shakhatreh The final version of International Financial Reporting Standard (IFRS) 9 – with its mandatory date of implementation from January 1, 2018 – is one of the most complex accounting standards issued by the International Accounting Standards Board, and one with serious impact on banks worldwide. IFRS 9 has been under development since the time of the 2008 global financial crisis, and is a result of the pressure and criticism to the current accounting standards for…