Cabinet approves measure on income tax on share trading profits

31-12-2018 07:00 AM

Ammon News - AMMONNEWS -The Cabinet approved during a session, which was chaired by Prime Minister Omar Razzaz on Sunday, a measure to facilitate procedures on collecting the income tax on share trading profits.

Under these procedures, the mechanism of delivering the income tax obtained from the brokerage companies and other bodies involved, will be determined in a manner that positively affects the taxpayers who practice trading in shares by facilitating their dealing with the Income and Sales Tax Department as well as the procedures of paying the tax.

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