ICT sector will continue to receive boost –– Minister
Amman, Oct 6 (Petra) –– Minister of Communications and Information Technology (ICT) Muthanna Gharaibeh said that the government will continue with the 2016 exemptions to the sector.
He stressed in a press statement that the government is forging ahead with an ICT stimulation package to attract more investments and create more jobs, noting that the amended tax bill, which was sent to the Lower House, will not have any negative impact on the sector.
Gharaibeh reietertated a pledge to study the overall ICT tax structure and the challenges concerning frequency spectrum fees to ensure the best services at competitive prices for citizens and the growth of treasury revenue as a result of a risie in profits from a projected boom in the market and available new services.
The minister said that the amendments to the draft law on collecting the income tax from companies are meant to raise the efficiency of collection and fight tax evasion.