Amman Chamber of Commerce forum tackles Kingdom's tax policies

AMMAN — The Amman Chamber of Commerce (ACC) announced Monday in a press statement that, in collaboration with USAID-funded Fiscal Reform Project, it hosted a Public Private Dialogue forum on international best practice in tax policy and administration in the Jordanian context.

"The discussion, attended by experts in fiscal and tax policy, representatives of the business community and members of the chamber’s board of directors, focused on comprehensive tax reform as well as the pillars of international best practice in tax policies, which are based on justice, neutrality, free competition, simplicity and progressiveness," the ACC said in the press release.

“Given the prominence of the debate on tax policies in Jordan’s public and private sectors, it is crucial to have an open and interactive dialogue with Jordan’s business leaders and members of the Amman Chamber of Commerce, to exchange views as well as lessons learned in Jordan’s tax system and how it is connected to Jordan’s fiscal and economic stability,” the press statement quoted Fadi Daoud, deputy chief of party of the Fiscal Reform Project, as saying.

One of the key components of the project is improving revenue mobilisation through strengthening tax administration and advancing tax reform.