Al-Assad issues decree to enhance Syrian tax compliance and revenues
Syria, Economics, 2/5/1999

Syrian President Hafez al-Assad on Thursday issued legislative decree no. 2 of 1999, providing for exempting taxpayers from direct financial charges and additions related to 1998 and earlier from interest and fines if they settle the taxes and charges related to any of these years before June 30,1999.

The decree reads:

The Legislative decree no. 2. The President.

Article 1.A Taxpayers are exempted from direct financial charges and their additions related to the year 1998 and before from all interests and fines if they settled the taxes and fees related to these years before June 30, 1999.

Article B. Taxpayers who settled any of the taxes and charges referred to in paragraph A, before the effectiveness of this decree, are exempted from unsettled interest and fines.

Article 2- The results of the first Article of this Legislative Decree are applied on:

A. Personal taxes collected by financial departments.

B.Tax-assessments of real profits related to 1997 and before.

Article 3. The taxpayers on which the rules of article 13 of law no. 21 dated July 1, 1981 are applied to them, will not benefit from the rules of this legislative decree.

Article 4, The rules of this legislative decree are not applied to the tax-assessment of public cars.

Article 5. Ministry of Finance will issue the necessary instructions for the implementation of the rules of this legislative decree.

Article 6, This legislative decree will be published in the "Gazette" and will be effective from the date of issuance.

Previous Stories:
  Syria's agriculture trade   (2/4/1999)
  Syrian maritime improving as facilities and capacity are enlarged   (2/2/1999)
  Syrian fair in Libya   (1/29/1999)

Please add a link on your webiste pointing to ArabicNews.com and bookmark ArabicNews.com & subscribe to our daily email news bulletin.

Search