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  - WN.COM - Environment - Hier 06:48

Get to Know Syria’s New Income Tax System

Syrian Finance Minister Mohammed Yosr Bernieh announced that the Tax Reform Committee has completed drafting the core framework of Syria’s new income tax system. The Syrian minister stated on Tuesday, July 15, via LinkedIn, that the new tax system is part of broader tax reform efforts and is based on simplicity, clarity, competitiveness, modernization, support for the private sector, and promotion of economic growth. According to Bernieh, the Syrian Ministry of Finance is keen on “consulting with businesspeople, investors, chambers of commerce and industry, and civil society,” and believes in building partnerships with them. The ministry has launched a consultation period to gather input on...

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