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Murad wants gov’t to exempt fines on taxpayers from sales and income taxes
By Petra - Jan 12,2016 - Last updated at Jan 12,2016
AMMAN — Amman Chamber of Commerce (ACC) President Issa Murad on Monday called on the government to extend exempting fines on taxpayers from sales and income taxes. He said that extending the exemption period would contribute to continuing receiving tax revenues and encouraging institutions to pay their taxes without any fines, especially under the deteriorating commercial activity and scarce liquidity.
In a memo sent to Prime Minister Abdullah Ensour, Murad underscored the importance of boosting private-public cooperation in this phase to stimulate economic activities and increase the pace of growth. The decisions include ways to collect cumulative public money from previous years, where taxpayers are exempted from fines and legal interests once they pay the original sum.
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