(MENAFN- Jordan News Agency) Amman, July 23 (Petra) -- The new billing bylaw has passed through all due constitutional process and is now effective, said Minister of Finance Dr. Ezzedine Kanakryah on Tuesday, adding that the new system is a win-win deal for both the buyer and the seller.
In a statement, the minister said feedback from all stakeholders had been taken into account, indicating that the new billing system will reflect positively on the national economy and promote tax equity.
Furthermore, the system will substantiate the rights of both the seller and the buyer by providing a written instrument that can be utilized if a conflict arises. It will also curb tax evasion and dodging.
23/07/2019 16:41:47
MENAFN2307201901170000ID1098793474
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.