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Jordan Income Tax Amendment Law Approved

|Approved Changes|Jordan
Jordan

Despite protests and the withdrawal of earlier drafts of the law, Jordan's income tax amendment law was approved by royal decree and published in the Official Gazette on 2 December 2018. Some of the main measures of the law include:

  • An increase in the corporate tax rate on manufacturing from 14% to 20%, which is phased in with a tax rate discount of 25% in 2019, 20% in 2020, 15% in 2021, 10% i…

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