AMMAN: The tax income ratio to the gross domestic product (GDP) in the Kingdom is low when compared with that in other countries in the world, a study by the Jordan Strategy Forum (JSF) revealed on Wednesday.
The tax income ratio to GDP in the Kingdom stands at 15.5 per cent, compared with 45.8 per cent in Denmark, 28.6 per cent in France, 22.1 per cent in Japan and 18.2 per cent in Turkey, according to the study, cited by the Jordan News Agency, Petra.
JSF called on all stakeholders to adopt a unified vision on the tax system in Jordan, noting that envisioned goals of any new tax law should contribute to realising high economic growth rates, achieving stability at the macro-economic level and improving social and economic conditions.
