Tax: Settlement Requests for Penalty Exemption
06-11-2024 02:20 PM
Ammon News - Dr. Hussam Abu Ali, the Director General of the Income and Sales Tax Department, reiterated his plea to companies, establishments, and individuals with overdue tax claims that have incurred fines for late payment. He urged them to proactively seek exemption from these fines by submitting an electronic settlement request to the Tax Settlement and Reconciliation Committee via the Department's website before the deadline of the current year 2024, in order to settle their outstanding tax claims in accordance with the approved principles set by the Council of Ministers.
Abu Ali clarified that the Cabinet's recent decision to revise the guidelines for resolving unresolved cases between taxpayers and the Income and Sales Tax Department was made in order to ensure fairness for all taxpayers with outstanding income or sales tax debts, regardless of the amount owed.
It also seeks to broaden the number of taxpayers among corporations and businesses looking to improve their financial status by settling their debts in line with their financial records, resolving outstanding tax issues, and regularizing their tax standing.
Abu Ali clarified that individuals who have outstanding taxes, such as income or sales tax, along with associated penalties, can now utilize the Income and Sales Tax Department's website to request a settlement from the Tax Settlements and Reconciliations Committee. This option is not available for cases involving a court-issued decision regarding tax evasion.
The taxpayer or their representative can request a settlement from the Settlement and Reconciliation Committee by completing a form on the department's website. This process does not require any payment for submitting a settlement or installment request, even if it is done by an authorized agent on behalf of the taxpayer.
The Council of Ministers has decided to extend the Tax Settlement and Reconciliation Committee's mandate to receive settlement requests until the end of 2024 for taxes due by companies, establishments, and individuals until 12/31/2023.
The Council of Ministers has also agreed to change the settlement criteria to permit settlement in tax cases with court verdicts exceeding one million dinars, removing the previous restriction, except for tax evasion cases.