You are here
Revenues from income, sales tax marked 12% increase in 2021 — ISTD
By JT - Jan 11,2022 - Last updated at Jan 11,2022
AMMAN — Revenues from income and sales taxes in 2021 totalled JD5.213 billion, compared with JD4.637 billion collected in 2020, marking an increase of 12 per cent, the Income and Sales Tax Department (ISTD) announced on Tuesday.
In a statement cited by the Jordan News Agency, Petra, ISTD Director General Hussam Abu Ali said that the value of the sales tax in 2021 reached JD4.037 billion, up from JD3.534 billion in 2020, increasing by 14 per cent.
Meanwhile, revenues collected from the income tax in 2021 reached JD1.176 billion, up from JD1.103 billion in 2020, marking an increase of 7 per cent, Abu Ali added. He attributed the increase to the impact of resuming economic activities and growth, and tax reforms.
Related Articles
AMMAN — Refraining from imposing new taxes or increasing existing ones over the past few years highlights the “success” of tax reforms in th
AMMAN — Revenue from income and sales taxes stood at some JD4 billion in the first nine months of 2021, compared with JD3.534 billion collec
AMMAN — Revenues from income and sales taxes totalled JD3.573 billion in the first eight months of 2021, compared with JD3.126 billion colle
Opinion
May 02, 2024
May 02, 2024
May 01, 2024
- Popular
- Rated
- Commented
May 02, 2024
May 02, 2024
May 01, 2024
Newsletter
Get top stories and blog posts emailed to you each day.
