Tax revenues increase in first 8 months of 2021 — ISTD

AMMAN — Revenues from income and sales taxes totalled JD3.573 billion in the first eight months of 2021, compared with JD3.126 billion collected in the same period of 2020, marking a growth by 14 per cent, the Income and Sales Tax Department (ISTD) announced on Sunday.

According to the Jordan News Agency, Petra, the ISTD pointed out in a statement that income tax in the January-August period of 2021 reached JD994 million, up from JD921 million collected in the same period of last year.

Meanwhile, the revenues collected from the sales tax in the first eight months of 2021 reached JD2.58 billion, up from JD2.205 billion in the same period of 2020. The department attributed the increase to the positive impact of resuming economic activities and tax reforms.