Ready to play
Ready to play
The Ministry of Finance confirmed that imposing any new taxes or fees on commercial and service sectors is not currently being implemented. It clarified that local decisions regarding license fees for commercial establishments in dollars are administrative procedures and not new tax policies. The ministry also indicated that local councils do not have the authority to impose taxes, and that the fees are allocated to fund local services. Additionally, the ministry announced a plan to implement a new tax system in 2027, which will include incentives and facilitation measures for the business sector and aims to reduce the tax burdens on low-income earners.
Notice: This Is an AI-Generated Summary
Comments (0)