Taxpayers urged to take advantage of exemption period

AMMAN — The Income and Sales Tax Department (ISTD) on Sunday called on taxpayers to benefit from the Cabinet’s decision that exempts them from 50 per cent of fines if payment is received by the end of the month, the Jordan News Agency, Petra, reported.

The decision includes exemptions from all fines, interest and legal and civil compensations for the year 2014 and before, Petra added. From July 1 to the end of September, the fines drop by 50 per cent, while between October and December they will drop by 25 per cent.

The move aims to encourage taxpayers to settle their dues and to generate more revenues for the Treasury, according to a previous statement by ISTD Spokesperson Musa Tarawneh.

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