ASEZA announces 18% increase in revenues during first half of this year

AQABA — The Aqaba Special Economic Zone Authority (ASEZA) announced this week in a press statement that  its revenues during the first half of this year  increased by JD39 million or 18 per cent from the figure registered during the same period of last year. The statement attributed the improved revenues  to better and effective collection measures by concerned authorities in Aqaba, in addition to payment flexibilty of due amounts by investors and taxpayers. “The total amount of income tax collected by the Directorate of Revenue, Tax and Audit during the first half of this year reached about JD15 million,  31 per cent higher than  the JD11 million received during the January-June period of 2013,” the statement indicated. Sales tax revenues amounted to JD21 million, an increase of 11 per cent over the JD19 million. The buildings and lands tax increased by 1 per cent, registering JD1.6 million during the first six months of 2014.