Islamic Finance

Jordan: Income, sales tax revenues increased by 8% in 2020 — ISTD


Published 03 Jan,2021 via The Jordan Times AMMAN — Income and sales tax revenues in 2020 went up by 8 per cent to JD4.668 billion, compared with JD4.323 billion in 2019, Income and Sales Tax Department (ISTD) Director General Hussam Abu Ali said on Sunday.

Sales tax revenues in 2020 amounted to JD3.53 billion, compared with JD3.302 billion the year before, marking an increase of JD227 million or 7 per cent, Abu Ali said as reported by the Jordan News Agency, Petra.

As for the income tax revenues, the director general said they were up by 12 per cent in 2020, amounting to JD1.138 billion, compared with JD1.02 in 2019.

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The Jordan Times