Jordan's Reduced Taxes Goes Live

Published September 24th, 2018 - 06:48 GMT
on Friday that the Cabinet's decision to exempt and reduce the sales tax on a number of food items and the agricultural sector, went into effect. (Shutterstock)
on Friday that the Cabinet's decision to exempt and reduce the sales tax on a number of food items and the agricultural sector, went into effect. (Shutterstock)

Minister of Finance Ezzeddine Kanakrieh announced on Friday that the Cabinet's decision to exempt and reduce the sales tax on a number of food items and the agricultural sector, went into effect as of Friday.

Kanakrieh said that consumers, farmers and the agricultural sector as a whole will benefit from the decision, the Jordan News Agency, Petra, reported.

The Cabinet previously abolished a 10 per cent sales tax on fresh foods (vegetables and fruits), while reducing the tax on some other agricultural products to 4 per cent.

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The government said the decision is part of a comprehensive review of the tax system and aims to protect the poor and low-income classes and support the agriculture sector and farmers.

The government stressed that the decision will also enable Jordanian farmers to channel their energies into the agricultural sector and reduce their financial burden.


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