AMMAN: Income Tax Law are expected to be endorsed by the Cabinet in the first half of May, Minister of State for Media Affairs Mohammad Momanisaid on Monday.
At a press conference that followed a Cabinet session earlier in the day, Momani, who is also the government spokesperson, said that the tax evasion, which can be similar to theft, is among top issues addressed in the amended law.
Tax evasion in some professional sectors reach 80 per cent, the minister added, according to a government statement.
Officials and experts have estimated that the phenomenon costs the Treasury around JD1 billion a year, while the collection mechanisms is expected to be revisited in the bill.
