Tax Department Calls for Settlement and Reconciliation Requests to Benefit from Penalty Waivers
Summary
The Cabinet has extended the work of the Tax Settlement and Reconciliation Committee until the end of the business day on June 30, 2026. This extension enables companies, establishments, and individuals to submit settlement requests for tax claims incurred up to December 31, 2024. The Income and Sales Tax Department (ISTD) urges eligible taxpayers with outstanding claims to submit their requests electronically via the department's official website to benefit from facilities and exemptions based on Cabinet-approved criteria. The settlement covers income and sales tax claims regardless of the amount, with no fees or charges for submitting an application. The initiative aims to provide financial clearance, stimulate economic activities, ensure fairness among taxpayers, and facilitate dispute resolution. However, cases with a final court ruling regarding the crime of tax evasion are excluded, and the decision also permits settlements for tax files that have received final judicial rulings, provided they do not involve tax evasion crimes.
(Source:Jordan News | Latest News From Jordan, Mena)