Syrian treasury considers general sales tax

Published September 23rd, 2001 - 02:00 GMT
Al Bawaba
Al Bawaba

Within the framework of the Syrian tax reform program, the ministry of treasury is reportedly considering to implement a general sales tax, thus revoking other taxes and indirect fees that apparently cause bureaucratic and technical difficulties, reported Al-Watan.  

 

Sources in the treasury asserted that it is necessary to impose a general sales tax in Syria, due to ongoing local and global economic changes. It is important to replace the existing taxation system by a new one that takes into consideration that modern tax terminology and the effects of globalization. — (Mena Report)

© 2001 Mena Report (www.menareport.com)