Chamber of Commerce to discuss amended income tax draft law

AMMAN — The Jordan Chamber of Commerce will hold a dialogue meeting next Tuesday to discuss the amended draft law on the income tax for 2018, the Jordan News Agency, Petra, reported on Sunday.

Chairman of the Chamber of Commerce Nael Kabariti said that this meeting came from the chamber’s keenness to enhance participation and coordination with private sector representatives in order to achieve national economic interests and to open doors for dialogue and consultation in law amendments that concern the private sector in Jordan.

Kabariti stressed that any amendments to the draft Income Tax Law should be part of an economic reform plan without adversely affecting the economic activity in the Kingdom, which is already suffering from difficult conditions due to the political events taking place in the region.

Jordan Furniture Exporters and Manufacturers Association demanded in a press statement on Sunday to wait before proceeding with the new draft tax law adoption because of its negative impact on the national economy and the investment environment.