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French Version

Collaborated public-private advocacy influences 2% tax exemptions

Announced on May 19, 2003, the Jordanian Prime Ministry has issued a decree effecting a 2% pre-income tax deduction on the value of all goods imported into the Kingdom starting July 1st. The new decree stipulates the remittance of a pre-paid income tax percentage on the total value of imported goods, which will be deducted by the Customs Department on behalf of the Income Tax Division in order to permit the clearance of incoming shipments.

Aware of the adverse effects such a restriction imposes on ICT investment and business growth, Jordanís Information Technology Association (int@j) exerted extensive advocacy efforts to alleviate the impact of such a decree on the advancement of Jordanís burgeoning ICT industry by moderating constructive dialogue with the ministries of ICT and Finance, and contributing valid insight to a list of standard criteria that ICT importers need to meet in order to be exempted from the 2% pre-income tax deduction. Customary of int@jís proactive support for the sector, the association drew up a comprehensive position paper soliciting the Minister of Financeís approval on the exemption plea, and succeeded last April in leveraging an official decree issued by HE Prime Minister Faisal Al Fayez detailing the terms and conditions that need to be met by importers in order to pass the imbursement of additional tax fees.

"This achievement does not merely remove a massive financial burden off the shoulders of ICT companies, but rather enforces the value of the strategic dialogue and unique public-private partnership jointly fostered by int@j and the Ministry of ICT." Stated int@j Chairman Marwan Juma. He continued that "this collaboration has proven to be an invaluable tool in effecting a positive change in the national ICT direction, and has played a determinant role in leveraging int@jís successful advocacy of the sectorís issues and concerns."

To meet exemption criteria, importers must submit proof of individual tax declarations for the past 3 years, with records of the timely settlement of due taxes. Supporting documents also include final financial reports reflecting audited profit and loss statements and balance sheets assessed in strict compliance with GAAP (Generally Accepted Accounting Principals).

Importers meeting the devised criteria need to continuously observe the newly published conditions in order to maintain their listing on the annual customs record.

To check your eligibility for the granted exemption kindly:
1- Go to: www.incometax.gov.jo
2- Click on "the list of the companies that are exempted from paying the 2% pre-income tax"
3- Enter your income tax number in the designated field then click enter.
Note: donít enter the zeros at the beginning of your number

If your company was exempted you will get your details and a message informing you that in order to stay exempted you have to present your tax declarations and should pay up your dues on time. If the search retrieved that your companyís name is not among the list you can contact Mr. Basheer Zu'bi from the Income Tax Department for any further assistance or clarification at the following numbers:

Tel: 551-8218 Fax: 551-8242 Mobile: 079-566-8015

Amman,28June2004
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