Latest news with #IncomeTaxLaw
Jordan News
29-05-2025
- Business
- Jordan News
Jordan Approves Settlement of 419 Tax Disputes to Support Economic Activity - Jordan News
Jordan Approves Settlement of 419 Tax Disputes to Support Economic Activity The Jordanian Cabinet, chaired by Prime Minister Dr. Jaafar Hassan, has approved the settlement of 419 tax disputes between taxpayers and the Income and Sales Tax Department, as recommended by the government's Tax Settlement and Reconciliation Committee. اضافة اعلان The cases involve companies and individuals with financial liabilities under the Income Tax Law and the General Sales Tax Law. This move is part of the government's broader efforts to ease the burden on economic sectors, encourage compliance, and allow businesses and investors to regularize their tax status. The aim is to promote business continuity, expansion, and remove obstacles that could hinder growth and investment in the Kingdom.
Jordan News
09-04-2025
- Business
- Jordan News
Decision to Approve Settlement of 979 Tax Cases Between Taxpayers and the Tax Department - Jordan News
The Cabinet, in its meeting held today, Wednesday, chaired by Prime Minister Dr. Jaafar Hassan, decided to approve the recommendations of the Settlement and Reconciliation Committee regarding pending cases between taxpayers and the Income and Sales Tax Department. This includes the settlement of 979 cases involving companies and taxpayers who have financial obligations in accordance with the provisions of the Income Tax Law and the General Sales Tax Law. اضافة اعلان The decision is in line with the government's approach to easing the burden on economic activities and providing an opportunity for investors and business owners to settle their tax matters. This aims to ensure the sustainability of their businesses, facilitate expansion, and remove the obstacles and challenges hindering such progress.
Zawya
07-04-2025
- Business
- Zawya
Saudi's Zakat, Tax and Customs Authority urges timely filing of March withholding tax forms
Riyadh: The Zakat, Tax and Customs Authority has called on establishments subject to withholding tax to submit their withholding tax forms for March 2025 by April 10, 2025. The authority urged taxpayers to file their forms promptly via its website ( to avoid late payment penalties. A fine of 1% of the unpaid tax will be imposed for every 30 days of delay from the due date. The authority encouraged business sector taxpayers seeking more information about withholding tax to contact it through the 24/7 unified call center at 19993, its 'Ask ZATCA' account on the X platform, email (info@ or the live chat feature on its website. Withholding tax applies to all payments made from a source in the Kingdom to non-resident parties without a permanent establishment in Saudi Arabia, in accordance with Article 68 of the Income Tax Law and Article 63 of its Executive Regulations.
Jordan News
26-03-2025
- Business
- Jordan News
Tax Settlements with 730 Companies and Taxpayers - Jordan News
The Cabinet also approved the recommendations of the Settlement and Reconciliation Committee for unresolved issues between taxpayers and the Income and Sales Tax Department, agreeing to settle 730 cases for companies and taxpayers who have financial obligations in accordance with the provisions of the Income Tax Law and the General Sales Tax Law. اضافة اعلان This decision is part of the ongoing efforts to ease the burden on economic activities and provide an opportunity for investors and business owners to settle their tax affairs. The goal is to ensure the sustainability and expansion of their businesses while removing obstacles and challenges that may hinder their growth.
Iraq Business
06-03-2025
- Business
- Iraq Business
Iraq Launches Digital Tax Inquiry Service
By John Lee. Prime Minister Mohammed S. Al-Sudani chaired a meeting of the High Committee for Tax Reform on Wednesday, where he launched the Digital Tax Inquiry Service within the Ur e-Services Platform. The service enables citizens, businesses, and companies to electronically check their tax status with speed, accuracy, and transparency. It also resolves issues related to name duplication, which previously caused verification challenges, streamlining the tax compliance process. The meeting also addressed the new Income Tax Law, approved by the Council of Ministers and currently under review by the Council of State before submission to Parliament. The proposed law aligns with international regulations, supports a business-friendly environment, and encourages investment and economic growth. Additionally, the High Committee for Tax Reform discussed expanding income tax applications and implementing tax reform laws to simplify compliance and advance financial reforms. (Source: PMO)
